Key takeaways

  • National Funding and Triton Capital both offer working capital and equipment loans
  • Choose National Funding for short-term loans
  • Choose Triton Capital for startup loans

Triton Capital and National Funding are both alternative lenders for small business loans. Each offers fast application approval and funding times. While Triton Capital has a wider range of repayment terms, National Funding offers customers more variety in loan amounts. Business needs for lending may vary, but overall, National Funding is best for short-term business loans, while Triton Capital is best for startup loans.

To help you find the best small business loan, we’ll compare the features and pros and cons of National Funding and Triton Capital business loans.

National Funding vs. Triton Capital at a glance

Triton Capital and National Funding offer short-term loans with quick approval times, which can benefit small businesses looking for fast funding. Triton Capital has more flexible repayment terms, but National Funding offers larger loan amounts for working capital. Here’s how the lenders compare:

National Funding Triton Capital
Bankrate Score 4.4 4.3
Best for Short-term loans Startup loans
Number of loan products 4 3
Loan amounts $5,000 to $500,000 $10,000 to $500,000
Interest rates Starting at 4.99% (simple interest)

Factor rates starting at 1.10

Starting at 5.99% (simple interest)
Term lengths 4 to 60 months 6 to 84 months
Personal credit score Over 600 600
Minimum time in business Not stated Not stated
Minimum business revenue Not stated Not stated

National Funding business loans

National Funding offers 10 loan options, from equipment financing to short-term business loans. With experience and expertise in various areas, such as food truck financing, landscaping and commercial trucking, it’s a great option to consider when looking for small business funding.

While National Funding offers the flexibility and fast funding that comes with alternative lending, they don’t have the option to meet with customers in-person. They also require a credit score of at least 600, so those looking for bad credit business loans or have poor credit scores will likely need to look elsewhere.

And while there are short repayment periods of under two years for most of their loans, you can benefit from an early payoff discount if you pay your loan off early.


  • Early payoff discounts
  • Quick approval
  • Tax savings


  • Minimal qualification info provided
  • No in-person service
  • Caters to specific industries

Triton Capital business loans

Triton Capital is another alternative lender created specifically for small businesses. Triton Capital specializes in working capital loans, equipment loans and SBA loans.

Triton offers a convenient way to apply for a business loan and can help you get from application to funding in as little as two days. Additionally, its equipment loans are available for startups, and its working capital loans are available to companies that have been in business for at least a year.

However, the lender might not be the best fit for everyone. The maximum loan amount they offer is $250,000 for working capital loans and $500,000 for equipment loans. If you need a larger loan amount, you’ll need to look elsewhere. Triton Capital also has a high annual revenue requirement of $350,000, so less profitable newer or established businesses may not qualify.


  • Uses soft credit pull for application
  • Fast funding
  • Funding for startups


  • No in-person service
  • Low maximum loan amounts
  • High annual revenue requirements

How to choose between National Funding and Triton Capital

National Funding and Triton Capital offer good alternative lending options for small businesses. They both offer a quick application and funding process compared to traditional lenders. They also have flexible requirements for loan eligibility.

But, the lenders differ on a few things. National Funding wins in loan amounts — they offer up to $500,000 for their working capital and short-term loans, while Triton Capital only provides up to $250,000. National Funding also has more loan types available than Triton Capital. If you’re looking for long terms, Triton has more flexibility. They offer options anywhere from six months to 84 months.

Choose National Funding for short-term loans

National Funding is the best option for short-term loans for those with fair-to-excellent credit. With a loan option that usually requires speed, National Funding offers an unbeatable funding speed that can often be as quick as 24 hours.

National Funding has a lower time in business requirement of six months, whereas traditional lenders often require at least a year or more. They also allow you to set up automatic payments for short-term loans, making it easy to make timely payments. And if you pay off your loan early, National Funding offers an early payoff discount.

Choose Triton Capital for startup loans

Triton Capital is the best option for startups and newer businesses. As lending to newer companies can be risky, many lenders often have a longer time in business requirements.

For example, Triton Capital’s equipment loans are available to startups. Equipment loans are secured by equipment the loan funds, which can be a great way for startups to purchase what they need. Equipment loans range from $10,000 to $500,000, and there are several payment options of monthly, quarterly, semi-annually or seasonally, giving businesses flexibility in repayment.

For working capital loans, Triton’s time in business requirement is a year, which benefits newer businesses. That said, their equipment and working capital loans have a high annual revenue of $350,000, compared to National Funding’s $250,000.


Triton Capital and National Funding are good lending options for small businesses, but considering all your options is always smart. Consider looking into other lenders or funding types before committing to a specific lender.

Other lenders for startup business loans have different loan types, larger loan amounts and potentially lower annual revenue costs than either of these lenders. For short-term business loans, lenders like Fora Financial cater specifically to customers with bad credit, which neither of these lenders do.

Apart from loans, there are other types of funding available. Think about using a business credit card, applying for a business line of credit or looking to private equity instead of applying for a loan.

SBA loans

Another option is applying for an SBA loan. There are several types of SBA loans, but they are all backed by the U.S. Small Business Administration. They come with affordable interest rates and less stringent eligibility requirements than traditional lenders. But the business typically must meet certain qualifications to apply for an SBA loan.

While Triton Capital can match businesses with SBA lenders, they don’t directly fund SBA loans. Other lenders may be able to help you more effectively if you are looking for an SBA loan.

Bankrate insight

When looking into SBA loan options, you have several types, including:

Bottom line

There are multiple advantages to both National Funding and Triton Capital as lenders. But the best option for your business depends on your specific needs. Think about the type of business loan you want — whether it’s a working capital loan or a short-term business loan. When reviewing loan options, use a business loan calculator to ensure you can afford a loan and meet its repayment requirements.

And before signing a loan agreement, consider all your funding options, including different lenders and funding types, to ensure you find the right fit for your business.

Frequently asked questions

  • A business capital loan, otherwise known as a working capital loan, is used to cover a company’s everyday working expenses. Business capital loans do not cover the costs of long-term investments.
  • A startup business loan is a business loan specifically for new companies or startups. These loans cater to the needs of startups, meaning they don’t require a long credit history or financial records. They may have higher interest rates than other business loans as lenders consider newer businesses higher risk.
  • An equipment loan funds any equipment a business may need for business operations. This could be anything from an espresso machine for a coffee shop to a lawn mower for a landscaping company.