Signature Loans
Unsecured Funding from Trusted Banks & Credit Unions
Credit union and bank
Signature Loans
Get fast, unsecured funding based solely on your promise to repay with no collateral needed. Faster Funding’s Signature Loans from credit unions and banks are ideal for consolidating debt, covering emergency expenses, funding home improvements, or managing other personal needs with flexible terms and competitive rates.
Get Started in 3 Simple Steps
- Select your lender – based on your credit score and membership eligibility
- Apply online – with basic financial info and proof of income
- Receive funds – typically within 1–3 business days
Quick Approval Time
1 to 3 business days
Quick Access to Funds
Get up to 100% of your CD value
Collateral Not Required
Purely based on creditworthiness
Learn how the Business Line of Credit process works!
Loan Amount: $1,000 – $50,000+, depending on lender and credit score
Terms: 1 to 5 years, with fixed monthly payments
Rates: 6.50% – 24.99%, based on credit score and institution
Collateral: None required – purely based on creditworthiness
Credit Score: 600+ (varies by institution)
Approval speed: Typically 1–3 business days depending on lender
Qualifications: To qualify, most lenders will require the following:
- Credit score of 600+ (650+ for U.S. Bank)
- Stable income and employment history
- Low debt-to-income ratio
- Valid government-issued ID
- Proof of address and income
- Membership for credit unions (Alliant, SECU)
Faster Funding’s
What is a Signature Loan?
A Signature Loan (also known as a personal loan or good faith loan) is an unsecured loan offered by banks and credit unions. These loans are granted based solely on your creditworthiness and your signature, rather than requiring any physical collateral like a car or home.
Why choose a Signature Loan?
- No collateral required – ideal for renters or those with limited assets
- Fixed interest rates and monthly payments – no surprises
- Access through banks or credit unions – trusted institutions with competitive terms
- Great for debt consolidation – lower rates than credit cards
- Fast approval and funding – some as quick as 24–48 hours
How It Works
- Choose your lender – based on credit score, membership eligibility, and loan needs
- Submit your application – online or at a local branch
- Get approved – often within 1–3 business days
- Receive your funds – directly into your account
- Repay monthly – fixed term and interest rate for easy budgeting
Ideal Use Cases
Signature Loans can be used for virtually any personal need:
- Debt consolidation – reduce high-interest credit card debt
- Home improvement – finance repairs, upgrades, or remodeling
- Medical or emergency expenses – cover costs not paid by insurance
- Education-related costs – cover tuition or educational supplies
- Life events – weddings, travel, or major purchases
How We Work. Our Mission & Values
At Faster Funding, we’re committed to helping businesses of all sizes succeed. Our Credit Union and Bank Signature Loan Programs are just one of the many ways we’re working to make that happen.
To learn more about our Signature Loans or to apply for other types of funding, please contact us. Our team of experts is standing by to help you find the perfect lending solution for your business.
Faster Funding is Here to Help
Frequently Asked Questions
We understand you are probably wondering how this all works. Here are some key topics to help you make informed decisions to unlock your business’s growth opportunities.
Do I need collateral for a signature loan?
No. Signature Loans are unsecured loans, so there’s no need to pledge assets.
Can I get this loan if I’m not a credit union member?
You can with U.S. Bank. For Alliant or SECU, membership is required but often easy to obtain.
Are there fees for these loans?
Alliant and SECU typically charge no origination fees. U.S. Bank may charge 1%–3% of the loan amount.
How fast can I receive the money?
Alliant and U.S. Bank can fund in 1–2 days, SECU may take up to 3 business days.
What’s the best lender if I have fair credit (600–650)?
Alliant Credit Union or SECU may be a better fit due to their lower score threshold and no-fee structure.
Get Started
Contact us to learn more about our business revolving line of credit. Our team of experts is standing by to help you find the perfect financial solution for your business.
