COMPARISON
Banked.fyi vs National Funding
An honest comparison to help you choose the right business funding partner for your needs.
✓ Unbiased Analysis✓ Real User Feedback✓ Updated December 2025
OVERVIEW
At a glance
B
Banked.fyi
RECOMMENDEDA modern business funding marketplace that connects you with 75+ lenders for the best rates and terms. Transparent pricing, fast approvals, and dedicated support.
Highlights
- No hard credit pull to check rates
- Access to 75+ lenders in one application
- Same-day funding available
- Transparent fee structure
- US-based support team
N
National Funding
Est. 1999National Funding offers working capital loans, equipment financing, and merchant cash advances. One of the oldest alternative lenders in the industry.
Pros
- Established company
- Equipment financing
- Reasonable rates
- Personal service
Cons
- Higher revenue requirements
- Not the fastest funding
- May require collateral
FEATURES
Feature comparison
| Feature | Banked.fyi | National Funding |
|---|---|---|
Soft Credit Pull to Check Rates See rates without impacting your credit score | ||
Same-Day Funding Get funds deposited the same day you apply | ||
Multiple Lender Options Compare offers from multiple lenders | ||
Bad Credit Accepted Options for credit scores below 600 | ||
No Collateral Required Unsecured funding options available | ||
Transparent Pricing Clear fee structure with no hidden costs | ||
Dedicated Advisor Personal support throughout the process | ||
Maximum Loan Amount Highest available funding | $5,000,000 | $500,000 |
Minimum Credit Score Credit requirements | All credit types | 600+ |
Time in Business Required Minimum operating history | 3 months | 6 months |
APR Range Interest rate range | 7.5% - 45% | 10% - 45% |
Funding Speed How quickly you can get funded | Same day - 7 days | 24-48 hours |
Rate Competitiveness How competitive are the offered rates | 4.5 | 4.0 |
Application Experience Ease and speed of the application process | 4.5 | 4.0 |
Customer Support Quality Responsiveness and helpfulness of support | 5.0 | 4.0 |
RATINGS
How they compare
Interest Rates
Banked.fyi
4.5
National Funding
4.0
Funding Speed
Banked.fyi
4.5
National Funding
4.0
Customer Service
Banked.fyi
5.0
National Funding
4.0
Flexibility
Banked.fyi
5.0
National Funding
4.0
Overall Experience
Banked.fyi
4.5
National Funding
4.0
OUR VERDICT
Both are excellent choices
National Funding is a strong competitor with established company. However, Banked.fyi's unique marketplace approach means you can potentially access National Funding AND 74 other lenders through one application, ensuring you find the absolute best deal for your business.
FAQs
Common questions
Is Banked.fyi better than National Funding?+
Both options have their strengths. Banked.fyi is a lending marketplace that connects you with 75+ lenders, giving you more options to compare. National Funding is a direct lender with established company. The best choice depends on your specific needs, credit profile, and funding timeline.
What are the main differences between Banked.fyi and National Funding?+
The key difference is that Banked.fyi provides access to 75+ lenders through one application, while National Funding offers funding directly. Banked.fyi offers loan amounts up to $5M with funding as fast as 4 hours, while National Funding offers up to $500,000 with funding in 24-48 hours.
Which has better rates: Banked.fyi or National Funding?+
Rates vary based on your business profile, credit score, and loan type. Banked.fyi's marketplace model often helps businesses find more competitive rates by comparing multiple lenders. National Funding's rates range from 10% to 45%. We recommend checking both to see which offers better terms for your situation.
What credit score do I need for National Funding?+
National Funding typically requires a minimum credit score of 600+. Banked.fyi works with all credit types and can connect you with lenders even if you have bad credit, giving you more options to explore.
How fast can I get funded with National Funding vs Banked.fyi?+
National Funding typically funds in 24-48 hours. With Banked.fyi, depending on the lender match, you can receive funding as fast as 4 hours for certain products, though most loans fund within 1-7 days.
Does National Funding do a hard credit pull?+
National Funding may perform a hard credit pull as part of the application process. Banked.fyi never performs a hard credit pull when checking your rates—only when you choose to proceed with a specific lender.