Amount Loaned in 2023

Amount Loaned so Far in 2024

Excellent for Start-Up Funding and Franchises

with No Collateral Required

Excellent for Small Business Funding

with No Collateral Required

Matthew Shoufer



Business Loans


About Preferred Funding Group

Preferred Funding Group is the perfect lender for any company, big or small. So whether you're a brand new start-up with no revenue and only an idea in your head - we can provide funding up to $500K! Or if things are going well but you want some help getting them over the hump so that more customers will be coming through those doors the day after tomorrow… we've got just what's needed too.

PFG is committed to giving every client the best experience and getting them more funding than we pre-qualified. In addition, we take pride in having competitive rates and terms explicitly tailored toward your needs, so see us if you need help with refinancing or any other financial services!

Preferred Funding Group wants to ensure that you, our valued customer and business partner, can rely on us for all your funding needs. We believe in the highest quality service- which is why we only offer transparent operations, so there are no surprises when it comes time to put our funds into use or take them back off of loans!

No hidden fees | Fair Terms | Pre-Approval in Minutes - Soft Pull so that it won't impact your credit score.

in business loans
Approval rate
years in business
satisfied customers

Preferred Funding Group

Where We Streamline the Lending Process

Fast Approval for unsecured business lending
  • Business Funding Since 2008
  • Unsecured Credit Lines
  • Co-Signer Accepted
  • Over $2 Billion Funded
  • No Industry Restrictions
  • No Hard Inquiry on Credit File
  • No Business Plan Required
  • No Collateral Needed

business lending to build your small business
Prefered Funding Group - No Collateral Business Loans and Lines of Credit - Cosigners accepted
preferred funding group contact photo-business loans- line of credit -unsecured

Preferred Funding Group provides small business

unsecured loans (no collateral) for the following states:

New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Rhode Island
South Carolina
South Dakota
West Virginia

Preferred Funding Group

Frequently Asked Questions (FAQ)

1. What is Preferred Funding Group?

Preferred Funding Group is a funding brokerage specializing in unsecured funding. It assists business owners in various industries who seek funding for growth, payroll expansion, or other business-related expenses without requiring collateral.

2. Does Preferred Funding Group offer business funding for franchises?

Yes, they are experienced with the franchise model and work with franchise clients at the pre-discovery (due diligence) and post-discovery stages. They collaborate with franchise coaching companies and consulting firms to assist franchisees.

3. Can Preferred Funding Group work alongside SBA loans?

Yes, they can complement SBA loans if the client obtains the SBA loan first. Clients are advised to pursue SBA loans initially due to their lower interest rates. After securing an SBA loan, clients can then approach Preferred Funding Group for additional funding.

4. What is the pre-approval process at Preferred Funding Group?

The pre-approval process involves a soft pull of the client's credit and requires two years of tax returns. They also offer a stated income program for clients whose tax returns might not reflect their income.

5. What are the typical terms for loans from Preferred Funding Group?

Loan terms vary, typically offering three, five, or seven-year terms. Interest rates depend on the term length, with shorter terms usually offering lower rates. There are no prepayment penalties, allowing clients to pay off loans early without additional charges.

6. Does Preferred Funding Group offer credit card programs?

Yes, they offer two programs: a long-term loan program and a business credit card program. The credit cards are supplementary, often used in conjunction with term loans, and don't report to personal credit.

7. Can joint applications or co-signers be used in the business loan application process?

Yes, in marriage situations, joint applications are possible. They also consider co-signers if the primary applicant needs to qualify independently.

8. How quick is the funding process with Preferred Funding Group?

The process is relatively fast, typically taking two to three weeks from application to funding. This is quicker than the SBA loan process, which can take several months.

9. Does Preferred Funding Group have restrictions on the type of businesses they fund?

They cater to a broad range of businesses and do not restrict the use of funds, basing their decisions on the individual's creditworthiness and income rather than business plans or industry type.

10. What is the competitive advantage of Preferred Funding Group?

Their advantage lies in their swift processing time, flexibility in terms of loan options and terms, and their focus on the individual's credit and income rather than detailed business plans or projections. This approach makes them a versatile option for various business owners, especially those starting or expanding franchises.