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To most businesses, getting a loan involves numerous application forms followed by a variety of difficult and confusing financial questions ridden with jargon. Not at Ultegra Business. Our personalized process and experienced team work with you to find answers that help your business grow. Here are a few of the questions we've been asked over the years.

General Questions
Application Questions

What can I expect when applying for a loan?

Our loan application process is simple and fast. We ask for basic information regarding the stage of your business, as well as your financing needs. Once you complete our short application form, one of our Business Finance Advisors will be notified and contact you (typically within one business day of form completion) for a brief phone consultation.

Can I qualify for a loan if I have bad credit?

Our loan criteria is based on a number of factors, so having bad credit won't necessary preclude you from qualifying. We pride ourselves on working with unique situations, and so are very aggressive in finding solutions that work for each situation, so regardless of your credit score it is still worth applying.

Can I obtain a loan to buy a business?

Absolutely. Whether you are starting a new business, working towards the acquisition of an existing business, or positioning to grow your current business, we are here to navigate you through the process. Our solutions are completely custom and can fit nearly any situation.

Do I need a business plan to apply for a loan?

You do not need a business plan to apply for a loan. However, having this document prepared in order to define how you will define yourself from your competitors is often very helpful. If you need assistance on how to structure and develop your business plan, our consultants can help with that as well.

Do you offer business grants?

Ultegra Business does not offer grants, however our consulting services are still able to assist you in understanding and applying for a variety of public and private grants.

Does applying for a loan affect my credit?

No. Filling out our online application form does not mean we are performing a credit check, and will not affect your credit score. After you complete the application, and a letter of intent is issued to your business, once you accept the general terms we will then require a credit check.

How long until I receive funding?

Each type of loan has its unique criteria to meet in order to get approved. Ultegra Business reviews all submitted documentation as fast as possible (often within 1 business day), and if possible will expedite our process based on client deadlines. Upon acceptance of loan terms and documentation, funds are released in as little as 24 hours.

Use our loan estimator tool to find out your chances of getting approved for a loan.

Thinking Outside the Bank

By partnering with a variety of banks, as well as maintaining our our source of capital, Ultegra Business is able to offer unique lending solutions to a variety of industries. Ultegra's solutions are customized for each client, and take into account a wide variety of business factors, allowing us to overlook many issues that may prevent other institutions from lending.
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