Nationwide Funding Group | LoanNEXUS

Nationwide Funding Group (NFG)

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Looking for financing for a small business owner can be quite stressful. Most banks will scrutinize your business for 60 days and will most likely reject your application anyway. In fact, about 80% of all applications get denied across the United States of America.
 

A merchant cash advance (MCA) and an automated clearing house (ACH) advance are two alternative methods of financing available to small business owners. MCA funding is based on your regular and predictable volume of business credit card transactions. ACH advance is based on the credit and debit card sales of a business. MCA and ACH business advance application process is very simple and business owners can get funds deposited to their accounts within 24 hours.
 

In order to qualify for funding with Nationwide Funding Group, business owner needs to submit a simple application and provide the most recent bank statements. Nationwide Funding Group underwriting team will evaluate total amount of deposits, their frequency and daily average balances. However, Nationwide Funding Group DOES NOT do a hard pull, only soft pull of the credit score. This is very important for a merchant applying for funding as their credit scores will not decrease due to the inquiry.

 

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