Start-Up Business Loans in Union City, TN
Ignite your idea's rocket boosters with up to $500,000
+ $20,000 in free digital marketing services
Start Your New Business Right
Few things are as exciting as starting a new venture, but financial setbacks can derail progress. With a start-up business loan in Union City, TN, and a great support team, the sky is never the limit.
No Collateral? No Problem!
No need to pledge your spaceship—our unsecured loans are designed to let you focus on launching, not stressing.
Terms up to 10 Years
From liftoff to cruising altitude, our repayment options stretch up to 10 years, giving your business room to grow.
Funding at Light Speed2
Need funds fast? We’ll deliver in record time—because the universe waits for no entrepreneur.
Union City Business Loan Options
StartCap is all about helping businesses like yours succeed. From tailored funding to expert advice, we’re here to fuel your journey.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Union City or nationwide.
Here's a truck load of stuff to get kicked off
Find Start-Up Business Loans
Near Union City, TN
Entrepreneurs in Union City and surrounding Obion County, StartCap has your back with funding and resources. Explore the nearby cities we serve and let’s get started! From Martin to Sikeston and beyond, we've got you covered.
Start-Up Loan FAQ's
Union City, Tennessee, sits in the heart of Obion County, a region celebrated for its agricultural heritage and small-town entrepreneurial spirit. Securing start-up business loans can feel like walking a financial tightrope, especially when traditional local lenders seem hesitant to support new ventures.
Here are a few local suggestions:- First State Bank at First Street & Reelfoot Avenue
- Community Bank of Obion County at Main Street & Church Street
- United Bank & Trust at Downtown Union City
- Pinnacle Bank at Reelfoot Avenue & West State Street
StartCap understands the complex landscape of business financing in Union City. While local banks often require extensive documentation, strong credit histories, and substantial collateral, we recognize that innovative entrepreneurs need flexible funding solutions tailored to their specific business models.
By the way, GO Union City Tornadoes!
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & minimum requirements.Interest rates for start-up business loans in Union City, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Union City, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster. Alternatively, many business & personal credit cards have introductory rates starting at 0% for up to 2 years.
No, not always—it depends on the type of loan you're applying for. Some funding options require business registration, while others focus on personal credit, income, or assets instead. If your business isn’t registered yet, don’t worry! We can either guide you through the registration process or explore funding alternatives that don’t require it.
Yes, Union City, TN offers several local start-up grant opportunities for entrepreneurs. The Union City Economic Development Corporation provides small business grants ranging from $2,500 to $10,000 for qualifying local businesses. Applicants must demonstrate a solid business plan and potential economic impact on the community.
Additional funding sources include the Tennessee Small Business Development Center, which offers matching grants and low-interest loans specifically for new businesses in Obion County. Local banks like First Community Bank also feature microenterprise programs with startup capital assistance for emerging regional enterprises.
