Whitefish, Mont. – Unsecured Funding Source (UFS) and Little Horn State Bank (LHSB) have teamed up to provide a solution for qualified entrepreneurs seeking a highly flexible and accelerated funding process. UFS has cemented a FinTech bank sponsorship agreement with LHSB, which allows UFS as a nonbank entity to provide financial services to eligible recipients under the charter of a licensed bank. The Jumpstart LoanSM from UFS is designed specifically for business start-ups, acquisitions and franchise purchases. The loan offers the maximum amount of flexibility and unique credit terms based on both personal and business creditworthiness.

Some features of the Jumpstart LoanSM include loan amounts ranging from $50,000-$250,000, terms from five to 10 years with manageable monthly payments, fixed rates, no personal real estate or collateral required, and the loan does not report to personal credit. 

“The Jumpstart LoanSM from UFS is perfect for franchisees and entrepreneurs with great credit who want to avoid the hassles of SBA or conventional lending,” said Grant Ferguson CEO of UFS. “We do in-house underwriting and approvals, so we are able to offer our clients quick approvals and funding with minimal paperwork.”

Inspiration for creating the Jumpstart LoanSM came from the limited financing options available to interested franchisees looking for smaller loan amounts. Mounting SBA restrictions, paperwork requirements and rising interest rates leave many qualified entrepreneurs without funding options. The goal of this loan is to get every client a financial solution that is right for them.

“The Jumpstart LoanSM is the most flexible loan option on the market for qualified entrepreneurs looking to get their business started,” said Ferguson. “Especially for clients pursuing opportunities with proven business models, we hope to help expedite the loan process and provide an attractive option for people looking to own their own business.”

In order to qualify, potential clients must have excellent credit (750+), low debt-to-income ratio, personal liquidity greater than $50,000, a current income (household or co-borrower), and a registered business entity, though the business does not yet need to be generating revenue to qualify.

Individuals meeting these requirements, should contact a UFS expert loan advisor to find out more about the Jumpstart LoanSM .

About Unsecured Funding Source (UFS)

UFS prides itself on its professional business development advice and friendly guidance when it comes to unsecured business loans and lines of credit. UFS has facilitated over $500M in lending for clients since 2009. UFS clients benefit from 15-plus years of business start-up and acquisition lending experience, coupled with a unique attention to client service. 

UFS provides consumers and small business owners access to the most aggressive unsecured credit providers in the country. UFS’ knowledge of the industry is second to none, ensuring that clients will benefit from its “insider’s edge” and get the absolute best offers available in this wide-ranging market.

For more information on UFS and its services, please visit www.unsecuredfundingsource.com/.

About Little Horn State Bank

Little Horn State Bank has been serving customers for over a hundred years. The bank was founded on the hardworking values of the farmers and ranchers in Montana and Wyoming. In keeping with tradition, the bank not only seeks to preserve the Old West, but to also preserve the integrity of banking. 

Little Horn State Bank is a full-service community bank with local decision making, which allows for quick responses to its customers. Little Horn State Bank is proud to serve its communities and neighbors with a friendly hometown feeling that provides modern technology to make banking easy. ​

For more information on Little Horn State Bank, please visit www.littlehornstatebank.com/.

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