United Capital Source

• Service Features
• Funding Options
• No Collateral or Personal Guarantee Needed
• No Application Fees
• National Coverage
• Quick Funding Time
• Easy Application

Service Features

• You can receive funding in as little as 24 hours
• The company approves growing businesses at least 3 months old and established businesses
• Borrow up to $10 million

Funding Options

Many alternative lenders have an array of funding options. UCS can connect you with several options that could be right for your business:

• Merchant cash advances
• Business lines of credit
• SBA loans
• Invoice factoring
• Business term loans
• Working capital loans
• Equipment financing

United Capital Source mentions it has programs specifically for women entrepreneurs, bad credit scenarios, and revenue-based lending too.

No Collateral or Personal Guarantee Needed

With some loan programs from United Capital Source, you do not need a personal guarantee or collateral. However, this may mean that the interest rates are higher — small businesses with no credit history or collateral will always need to pay higher interest rates. You could be eligible for these products without a personal guarantee or collateral:

• Merchant cash advance
• Business credit card

No Application Fees

Many companies charge a fee to apply for a business loan, but UCS makes its application free. In fact, UCS doesn't directly charge closing fees and doesn't charge prepayment fees, either.

National Coverage

United Capital Source offers loan options to all 50 states.

Quick Funding Time

While traditional lenders can require months of time to approve an application, United Capital Source can respond to your application for certain products in as little as 6 hours. These products include the merchant cash advance and line of credit.

Other products such as equipment financing, term loans, SBA loans, business credit cards, and accounts receivable financing require a longer turnaround time, but the process is still quicker than many traditional options.

Easy Application

United Capital Source has a simple, one-page application. For pre-approval on some products, all customers will need is to fill out this application and provide their most recent three business bank statements.

• Repayment Terms
• No Startup Funding

Repayment Terms

Some products require weekly or even daily repayment, which might not make them viable for your business. However, UCS also has funding options with semi-monthly and monthly payment plans, so this will depend on the product you prefer.

No Startup Funding

For those seeking funding for a brand new business, UCS might not be able to help you. United Capital Source can work with businesses with at least three months of documented sales history.