Alvara Capital vs. National Funding
An honest side-by-side comparison to help you choose the right business funding partner.
At a Glance
Direct lender founded in 1999, particularly well known for equipment financing in addition to working capital loans.
Alvara Capital
Direct lender- Amount range$10,000 – $1,000,000
- Time in business6 months minimum
- Monthly revenue$10,000+
- Min credit scoreNone required
- Funding speedSame day to 24 hours
National Funding
Direct lender- Amount range$5,000 – $500,000
- Time in business6 months (12 months for equipment)
- Monthly revenue$10,000
- Min credit score600+
- Funding speed24 hours (post-approval)
Products Offered
Alvara Capital
- Business line of credit
- Business term loan
- Revenue advance
- Equipment financing
- Debt consolidation
- Short-term loan
National Funding
- Small business loans
- Equipment financing
- Working capital loans
National Funding: Pros and Cons
Based on publicly available information and industry reputation.
Strengths
- Strong equipment-financing program with section 179 tax-deduction guidance
- Long-established (founded 1999)
- Discounts for early repayment available
Tradeoffs
- Maximum funding capped at $500K — lower than several competitors
- Requires 600+ FICO
Where Alvara Capital has an edge
Specific areas where Alvara Capital's terms or process compare favorably to National Funding.
National Funding is a good fit if:
Businesses purchasing equipment or seeking working capital up to $500K with at least 600 FICO.
Alvara Capital is a better fit if:
You have a credit-challenged profile, need same-day funding, have been in business at least 6 months, generate $10K+ in monthly revenue, and want a single direct relationship rather than a broker or multi-lender marketplace.
Frequently Asked Questions
What is the difference between Alvara Capital and National Funding?
Alvara Capital is a direct lender offering business funding from $10,000 to $1,000,000 with no minimum credit score required, 6 months minimum time in business, and same-day approval. National Funding is a direct lender: Direct lender founded in 1999, particularly well known for equipment financing in addition to working capital loans.
What credit score do you need for National Funding?
National Funding typically requires a credit score of 600+. By comparison, Alvara Capital has no minimum credit score requirement and evaluates applications based on business revenue and time in operation.
How fast does National Funding fund?
National Funding typically funds within 24 hours (post-approval). Alvara Capital offers same-day approval with funding typically completed within 24 hours of acceptance.
How much can you borrow from National Funding?
National Funding offers funding amounts of $5,000 – $500,000. Alvara Capital offers funding from $10,000 to $1,000,000 depending on revenue and business profile.
Ready to see what Alvara Capital can offer?
Apply in minutes. No minimum credit score required. Same-day approval. No impact on your personal credit to check your offer.