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UFS

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LAST UPDATED: March 28th, 2024

UFS (Unsecured Funding Source) provides personal loans and business loans, including business acquisition loans and start-up loans for businesses not yet generating revenue. The UFS team is composed of loan experts with more than 15 years of experience providing non-collateralized loans to qualified individuals and organizations that need them the most. 

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The Good

  • Favorable Loan Rates and Terms
  • Little Documentation Required
  • Inclusive of Most Business Types 
  • Money Available in Less Than Two Weeks

Favorable Loan Rates and Terms

Business owners can borrow up to $250,000 from UFS and use the loan for any purpose, including but not limited to the following: 

  • Equipment purchases
  • Real estate purchase or rent
  • Supplies and inventory
  • Purchase down payments
  • Digital assets (websites and eCommerce businesses) 

UFS will finance loans at rates as low as 5.99 percent depending on creditworthiness and revenue. Assuming this rate, which is listed on the corporate website, applies to business loans and lines of credit in addition to personal loans, prospective borrowers should know that this advertised rate is much lower than unsecured business loans from competitors, which often start at around 10 percent APR but are generally much higher even with the most favorable credit profile. 

Keep in mind that starting loan rates listed by lenders are not a guarantee of a rate or a guarantee of loan approval. 

Little Documentation Required  

You can skip the detailed business plan when it comes to applying with UFS. The application form couldn’t be more simple, the initial application doesn’t impact your credit score, and you can be pre-approved in as little as four hours from application submission. All information is sent using SSL encryption for your protection. 

UFS wants to know your credit level, loan amount requested, general loan purpose, and your income where applicable. Beyond that, qualified applicants don’t need to provide extensive documentation. 

And, since unsecured loans do not require collateral, you won’t need to pledge your home, car, or other assets to obtain your loan. 

Inclusive of Most Business Types 

As mentioned, UFS welcomes pre-revenue businesses and other new start-ups, making it more inclusive than many of its competitors that will not finance businesses younger than six months. 

Unsecured business loans and lines of credit are available to qualifying businesses in all 50 states and all industries are considered for financing.

Money Available in Less Than Two Weeks 

While it's common for lenders to encounter delays in underwriting, approval, and loan disbursement, UFS provides fast funding. Prospective borrowers can expect to receive their funding in two weeks or less.  

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The Bad

  • Risks of Unsecured Loans
  • Rates Will Vary 

Risks of Unsecured Loans

While unsecured loans may be less risky for the borrower than secured loans since the lender doesn’t have claim to your assets, there are still risks involved that prospective borrowers should be aware of. 

Since you’re borrowing money on your name and your established credit history, lenders must find other ways to ensure they get the money back if payments are neglected. Laws vary by state, but if you can’t make payments, you may incur additional charges, collection attempts, or damaged credit ratings. 

Sometimes lenders require a personal guarantee with an unsecured loan, which is a statement that in the event you do not make payments, they can then access your assets to recoup the loan. 

Rates Will Vary 

As mentioned briefly, as a borrower you shouldn’t expect to qualify for the lowest advertised rate with UFS or with any business lender. The lowest advertised rates are based on the ideal candidate in regards to creditworthiness, income, and other factors.  

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The Bottom Line

With favorable rates and terms and a speedy application and approval process, this lender more than measures up to other business lenders. If you’re seeking an unsecured business loan or line of credit for your new or established small business, you may not need to look farther than UFS. 

As with any loan agreement, make sure you understand all terms and conditions of the loan, including any penalties for late or missed payments. 

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Star Rating

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4.9

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50 Reviews

Review Breakdown

5 grade

96%

4 grade

2%

3 grade

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2 grade

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1 grade

2%

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Review Source

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Kathleen Zapata

Glen and Tiffany are very easy to work with. Transparent, professional, and great communication. My new business will be operating months sooner than I anticipated. As a new small business owner, this is the hard part and UFS did a great job helping me navigate the process with ease.

35 minutes ago

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Greer Reed

UFS made the search for loan opportunities a smoother and less daunting journey.

1 day ago

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George Claude Cypress, TX

Glen and Tiffany are the new Batman and Robin. The attention and understanding is unmatched. Business lending is difficult, with these 2 on your team it not only becomes possible it becomes manageable. Thank You Glen and Tiffany could not have done it without you!

3 months ago

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Reply from UFS

We appreciate the great review (who knows, these nicknames might stick!) Thanks again for working with UFS to help you get the money you needed!

Feb. 28th, 2024

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Angelina Chropka Philadelphia, PA

I’ve been in contact with Mary S who was very informative answered all my questions was very prompt in responding and didn’t leave any of my questions unanswered. Her guidance has given me some goals to work on the future and I will be back to continue the journey with her. Thanks again for all your help! If I could rate more than 5 stars I would!

7 months ago

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Reply from UFS

Thank you so much for your kind words and the positive feedback regarding Mary as well! Best of luck to you!

Sep. 28th, 2023

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Ryan Miller Powell, OH

I teamed up with Andrew to secure funding for the purchase of two sets of business assets. My timelines were fairly tight, which limited my options. Andrew and his team quickly assessed my situation and brought guidance to the table from day 1. They put together a solid plan that fit for my background and needs which we stuck to and knocked it out of the park with best case scenarios. After some negotiations with lenders, I couldn't be happier with the results. Understanding the true ROI of this relationship is challenging to uncover, but I have no doubt that the Andrew and the teams knowledge saved me hours if not days of time and tens of thousands of dollars in the long run. We were partners throughout the journey and I'm now well on my way to accomplishing the goals I've been targeting.

1 year ago

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Reply from UFS

Thanks Ryan! It was a pleasure teaming up with you. Thank you for all of your efforts, and your many thoughtful questions. Your diligence and careful attention to the details helped bring about the success of this process.

Sep. 6th, 2022

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Theodore Kennedy Whitefish, MT

I was in a hurry for the money; the staff at UFS gave me very personalized, professional and friendly service while working hard to expedite! I needed money for an important major purchase; but being in a hurry did not mean i wanted to pay too much in interest! They assisted in getting far better rates than other quotes I'd found on my own. Honestly, i was not crazy about paying the fee, it wasn't cheap; but, they charge no upfront fee (so i paid nothing unless i chose to accept the results) and in the end, the value i got, was worth far more than the fee i paid. Now I have the monetary means to move forward with my important endeavor. Thanks UFS team! I highly recommend your service!!

3 years ago

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Reply from UFS

Thank you for the wonderful review and recommendation. It was a pleasure to work with you. Glad we could help you get the money you need, and quickly!

Feb. 1st, 2021

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Review Source

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Paul Sanders Fort Walton Beach, FL

Andrew C was awesome during the whole process. From making complex financing understandable at my level to spending hours answering my hundreds of never ending questions. It was a pleasure to work with such a knowledgeable and dedicated professional. Outstanding job Andrew!

10 months ago

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Reply from UFS

Thank you for the great review, Paul. So glad to hear of your positive experience with UFS Loan Advisor, Andrew!

May. 10th, 2023

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Erik Jenks Elkridge, MD

I really appreciated how often Andrew would check in to see how things were going. It honestly really did help out especially when we kept hitting some roadblocks whether it was tech issues on the lender's end, or me just forgetting to check back in. It completely opened up a new avenue of funding that I would never have been able to access through traditional means due to short credit history and also short work history.

1 year ago

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Reply from UFS

Erik - thank you for the kind words and we're so glad to hear that Andrew did a great job in helping to get you funding!

Mar. 12th, 2023

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Patrick Day Salt Lake City, UT

I was very impressed with the level of personalized customer service I received from my contact, Alex C. All to often these days, you start out dealing with one individual and end up being handed off to a number of individuals over time, weeding your way through a process. Never once did I feel like I was talking with Alex in a cubicle while listening to countless other persons in the office handling their clients. Very Pleased!

2 years ago

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Grant Coppell, TX

I worked with Bob and Tony to locate the financing that my company needed in order to make advances in my business. They helped find the one's that worked best for me, and walked me through each step of the process. It is important to note that they do not directly fund you, but are rather consultants working off a percentage of the overall loan they are able to get you. If you don't get the funding you are looking for, they do not get paid. Perfect win/win!

2 years ago

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Reply from UFS

Thank you for the great review and glad we were able to help you get the money you needed to grow your business!

Feb. 15th, 2022

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Shari Nault Bozeman, MT

The customer service went way beyond expectation. Their agent, Cole. was in contact throughout the entire process, sometimes 2-3 times a day, and in as little as 4 days I had the funds. I actually had no clue about getting a loan outside of my community bank, so was surprised when three different lenders responded with offers. I cannot recommend them highly enough.

2 years ago

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Reply from UFS

Thank you for the excellent review - we were so glad to be able to help you get your exciting new venture off the ground!

May. 25th, 2021

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matt vinje Ankeny, IA

My wife ands I purchased our neighborhood bar. We had ZERO collateral. We funded about 160k, unsecured. Chris, Craig, and Alex are all very polite and professional. They have been a pleasure to work with. Without these guys we would still be working at our old jobs. Almost 3 years later, and going strong! Our business is growing constantly. Don't hesitate to do business with these guys! Thanks guys!

3 years ago

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Reply from UFS

Thanks for the great review, Matt. We're so glad to help you realize your dreams!

Feb. 8th, 2021

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Alejandro Fontana, CA

I had a great experience working with Unsecured Funding Source and getting the working capital I needed for my new business. Craig was very knowledgeable and took the time to answer all my questions. He guided me through the entire process and got me the funding I needed in a short amount of time. I'd definitely do business with them again and would highly recommend their services.

3 years ago

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Reply from UFS

Thank you for your positive review, Alejandro! Glad UFS could help you get your business off the ground!

Jan. 29th, 2021

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Jamie Stults Houston, TX

I really enjoyed working with Glen and Tiffany, they both were very prompt, professional, knowledgeable and extremely helpful. They made my experience seamless. The overall process was very quick.

9 months ago

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Reply from UFS

Thank you for your great (and personalized) feedback, Jamie! Glad we could help you get the money you needed - and quickly!

Jun. 14th, 2023

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Corie Thompson Houston, TX

My experience with UFS and specifically Heath has been phenomenal. They made the process from start to finish very easy. Heath answered all of my questions promptly and at times after hours. Would highly recommend to others.

10 months ago

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Reply from UFS

Thank you so much for the kind words about Heath and positive review, Corie! We're thrilled we could help you with a Jumpstart Loan to get your franchise going!

May. 15th, 2023

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Joe Volker Cincinnati, OH

The team at UFS was extremely easy to work with. They communicated well throughout the loan process. The Jumpstart Loan Program is fantastic for new franchise businesses, one of a kind! Mary S is an all star and was an absolute pleasure to work with throughout the entire loan process. I could not be happier with UFS!

1 month ago

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Michael Packard Nahunta, GA

Wow!!! Alex C was phenomenal! His professionalism & expertise made the whole process simple & painless. He's definitely a master at his craft!!! I would recommend him to anyone. In fact, I already did... I referred my adult children to him. Thanks Alex for making all of this possible for me!

2 years ago

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Reply from UFS

Thanks Michael for the great review, and for trusting UFS enough to refer your kids to us! Much appreciated!

Nov. 29th, 2021

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Michael Rakestraw Surprise, AZ

New experience for me personally; participated in a similar process as part of startups. This puts you, the individual, in the center. Works very much as described; relatively simple non-invasive application, funding offers via checks or funded bank accounts, reasonable interest rates. Then 'voilà' it's your money. I would do it again.

2 years ago

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Reply from UFS

Thank you for the great review, and glad the process worked well for you. We'd love to help you get funding again!

Oct. 26th, 2021

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Randall R Porter, TX

I really liked how Colin worked throughout the entire process to help achieve my goals. Great job for sure and greatly appreciated. UFS is a great programed and helped me when other companies didn't want to take the time to go above and beyond.

2 years ago

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Reply from UFS

Glad to hear you had a great experience and so glad we could help you take a big step forward in realizing your dreams!

Oct. 26th, 2021

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Jeremy Everett Gainesville, GA

The whole team was very professional and accommodating, even when my schedule didn't match their normal work day. They provided me all the information I needed every step of the way. Couldn't have asked for more but definitely got it.

2 years ago

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Reply from UFS

So thankful for your positive review, Jeremy. Glad we could help you get the funding you needed!

Oct. 26th, 2021

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Jesse Henby ,

Very knowledgeable regarding unsecured funding processes. Craig was there when I needed him and didn't hesitate to guide us along the way. We obtained great loans and fantastic interest rates (better than the SBA). We will refer UFS to anyone that we know who needs funding.

3 years ago

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Reply from UFS

Thank you for letting us help you with funding, Jesse! And thanks for telling others about UFS!

Mar. 18th, 2021

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Jennifer Rebecca Tarr Fairfax Station, VA

Craig has really been a great source of financial advice, and providing sources for financial freedom without judgment. I'm grateful that I found UFS, and hopefully, we have a good, strong foundation upon which we can build future funding opportunities. Thanks again, Craig and Dennise, Jenny Tarr

3 years ago

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Reply from UFS

We're very thankful for your kind words, and so glad to hear you've been happy with the service the UFS team provided to you. We too look forward to continuing our great relationship well into the future!

Feb. 25th, 2021

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steve santens Columbia Falls, MT

UFS is excellent partner and great place for entrepreneurs to get the money they need quickly. This is a great resource for myself and my clients. Craig and Grant are friendly, responsive, expert guidance, great rates, get the money quickly. I would recommend their services for anyone!!

3 years ago

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Reply from UFS

Thank you for the great review! We truly appreciate our partnership with excellent business brokers such as yourself, and are happy to be able to get your clients the money they need !

Feb. 23rd, 2021

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Alan Savoy Portland, OR

I needed to secure funds for a major purchase and the UFS team was friendly, responsive, professional and offered expert guidance. I got a great rate and got the money quickly. So happy with the service. I will utilize them again if the need arises.

3 years ago

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Reply from UFS

Thanks for the great review, and so glad we could help you get the money you needed, and quickly! We look forward to being able to assist you again in the future.

Feb. 3rd, 2021

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Kara Brzytwa Lynnwood, WA

UFS is a solid resource for my clients that are buying a business. The team is responsive and provides expert guidance that my clients have always spoken highly of. Approval and receiving the loan always has happened in short order. In short, UFS is a great resource and I love having it as an option for my clients.

3 years ago

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Reply from UFS

We value our relationship with brokers like you, Kara! Glad we can continue to help you close deals! Thank you for the positive review!

Jan. 29th, 2021

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Claire Pickens Orlando, FL

This team made the process of securing funding for a new business venture seamless. Very professional, complete, and we’re able to work with my busy schedule to get things completed.

1 year ago

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Reply from UFS

Claire - We were thrilled to be able to get you a Jumpstart Loan from UFS to get your new business going! We appreciate the kind words!

Mar. 12th, 2023

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Tom Sullivan WA

We received a Jumpstart loan from UFS and we couldn't be happier! Glen and Heath were really great and easy to work with and we were easily guided through the entire process. Can't recommend them enough!!!

1 year ago

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Reply from UFS

Tom - so happy we could offer you our Jumpstart Loan program. Thanks for the kind words and for recommending UFS to others!

Mar. 12th, 2023

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Leonard Daye El Paso, TX

It was amazing working with this company they went above and beyond to get me what I needed in a timely manner. Thanks again for everything and I will 100% be back when I need more of their services in the future.

1 year ago

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Reply from UFS

Leonard - thank you for the positive feedback - we are thrilled we were able to help you get funded! We look forward to helping you again in the future!

Dec. 22nd, 2022

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Faith Abshire Houston, TX

Glen was incredible and communicated seamlessly. Professional and efficient! He was a wealth of knowledge that helped to reassure us we were in good hands and taking to the right steps to secure funding for our venture.

1 year ago

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Reply from UFS

Thank you so much for your positive feedback about Glen! Thrilled to be able to help you get the funding you needed!

Sep. 6th, 2022

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Amir Kadir Miami, FL

Glen worked fast to secure me a loan that exceeded my initial needs. I am surprised everything worked out so fast. Will use them again in the future and recommend to my friends with good credit.

1 year ago

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Reply from UFS

Amir - thank you for the positive review, and so glad we could help you get funds quickly and you were pleased with the service our Loan Advisor Glen provided! Appreciate you recommending us to your friends!

Jul. 26th, 2022

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Carmen Mudd Denver, CO

Glen was Amazing ! He was able to assist me with getting an Unsecured loan. This was an easy experience and it allowed me to secure funding without all the paperwork. I would definitely use this service in the future.

1 year ago

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Reply from UFS

Carmen - so happy you had a positive experience and UFS was able to get you the money you needed, and without the hassle! Best of luck to you in your future endeavors!

Jul. 26th, 2022

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Jessica Valerio

Andrew was such a huge help! And UFS made the process quick and easy! Thank you soo very much UFS and Andrew C. Would definitely use them again in the future and recommend them to friends and family.

1 year ago

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Reply from UFS

So thrilled to hear of your positive experience with UFS and our Loan Advisor, Andrew! Best of luck to you in your new endeavors!

Jul. 26th, 2022

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Phoenix Risez-Jones Palm Coast, FL

MY EXPERIENCE WITH ALEX WAS AMAZING!!! HE ENDED UP HELPING ME GET MORE THEN I ORIGINALLY REQUESTED😁 HE WAS JUST AS EXCITED AS I WAS!!! IVE ALREADY RECOMMENDED HIM TO A FEW PEOPLE...THANK YOU ALEX

2 years ago

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Jason Fish Phoenix, AZ

We enjoyed the ease of the process but also the guidance we received from Mary who was with us the entire way through.

6 months ago

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Reply from UFS

So glad you had a positive experience with Mary and our Jumpstart Loan! Best of luck to you in your future business!

Sep. 28th, 2023

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James Robertson City of Saint Peters, MO

Was very efficient process, Was unable to get all the funds needed but we were able to make it work! Thank you for the help!

8 months ago

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Reply from UFS

Thanks for the positive review and feedback. Glad UFS was able to help you pursue your business goals!

Sep. 28th, 2023

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Jesse Ocel TX

Mary was very communicative via both email and phone to keep me informed on the steps in the process. Overall a very easy and smooth process

8 months ago

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Reply from UFS

Thank you for the positive review and glad you were pleased with the process and the support Mary provided! Best of luck to you!

Sep. 28th, 2023

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Ricardo Gutierrez San Antonio, TX

I really appreciate the help, support and guidance from Glen my agent, he took care of my search and got the best offer to get a loan for my business. Thank you.

1 year ago

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Reply from UFS

Ricardo - we're so pleased we were able to help you get the money you needed. Thanks for the positive review and for the shout out to your Loan Advisor, Glen!

Jul. 26th, 2022

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TripBronx The Bronx, NY

Amazing people to work with, in your corner from start to finish. Giving you all possible options that you can take. Big help and will definitely use them again

2 years ago

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Reply from UFS

We were thrilled to be able to help you with your franchise purchase! Best of luck, and we look forward to helping you again in the future!

May. 25th, 2021

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Craig J Whitefish, MT

Simple process, great rates! They will get you the most money!

3 years ago

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Reply from UFS

We appreciate your positive review. Thank you for your business!

Jan. 29th, 2021

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Don Riley, Jr. Plano, TX

Provided what I needed when I needed it. Was unfamiliar with basis used to determine the amount that would be offered.

10 months ago

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Reply from UFS

Thanks for the review, Don. Glad UFS could provide you with expertise and value in your funding journey!

May. 10th, 2023

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Mike Molloy Oak Park, CA

Glen and Heath were great! Fast approval and funding process for our growing business Mike Owner Attic Rangers Insulation

1 year ago

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Reply from UFS

Mike - so glad to hear you had a positive experience with Glen and Heath and the UFS team. Thrilled to be able to get you a Jumpstart Loan from UFS to help your business grow!

Mar. 12th, 2023

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Jeremy Johnson Mexico, MO

Andrew was fantastic to work with. He gave me clear directions and was always available to help with questions. I would definitely recommend.

1 year ago

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Reply from UFS

Jeremy - so glad you had a positive experience with UFS and with Andrew as your Loan Advisor! We appreciate you recommending us to others!

Mar. 12th, 2023

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David Carr Port Charlotte, FL

I reached out to this company and received my welcome email in 1/31 stating that someone will be in touch within 48 hours. As of today, February 14 and I still haven’t heard from anyone and I sent a reminder email on 2/4/22 and still nothing from them. With my credit score of 848 and limited debit this loan would have been a slam dunk, but they lose! STAY CLEAR

2 years ago

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eloc Kalispell, MT

What a great experience. Great rates and terms, along with a quick painless process. Very professional team! I would recommend then to anyone!

3 years ago

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Reply from UFS

So glad to hear you had a positive experience with UFS. Thank you for the review.

Feb. 1st, 2021

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Liz Molitoris Wallingford, CT

everything with Mary was super smooth - I enjoyed working with her.

8 months ago

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Reply from UFS

Thanks for the great review and so glad you had a great experience with Mary!

Sep. 28th, 2023

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Tim German Helena, AL

They responded in a very timely manner. Even made suggestions and found that the Jumpstart program was best for me.

1 year ago

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Reply from UFS

Tim - thanks for the kind words, and so glad to know you had a positive experience. We were thrilled to be able to get you a Jumpstart Loan from UFS!

Mar. 12th, 2023

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Doug Helms Haysville, KS

Very well organized and know what they are doing. Had very few mishaps along the way but was resolved very quickly

2 years ago

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Reply from UFS

Thank you Doug - glad we were ale to help you!

Feb. 15th, 2022

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Twoshirts Los Angeles, CA

My agent, Alejandro C, was very attentive to my needs and explained everything so I had few questions. Thx Alex !

2 years ago

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Reply from UFS

So glad you had a positive experience! Thank you for letting UFS help you with your funding needs!

Oct. 26th, 2021

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Cindy Seattle, WA

Great customer service and very responsive. The process was painless!

1 year ago

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Reply from UFS

Thank you for the positive review, Cindy. Glad we could help and best of luck in your future endeavors!

Jul. 27th, 2022

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Jamie Volini Patchogue, NY

They were kind and were very professional.

2 years ago

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Reply from UFS

So glad to hear about your positive experience with UFS. Thank you!

Feb. 15th, 2022