Share Secured Business Loans

A straightforward way to borrow, backed by your UCCU savings.

A Share Secured Business Loan is a loan secured by funds in a UCCU savings account (your “shares”). Instead of relying only on business revenue, time in business, or other collateral, the loan is backed by your own deposit—reducing risk for the lender and often creating a smoother borrowing experience.

Here’s the basic idea: your business keeps funds on deposit at UCCU, and a portion of that balance is set aside as collateral while the loan is active. You receive the loan funds upfront and repay them over a set term with consistent monthly payments. The secured savings typically remain in your account but aren’t available to withdraw until the loan is paid off (or until the collateral requirement is reduced, depending on the structure).

This can be an excellent option for businesses that want stability and clarity. It’s also a strategic choice for owners who want to access capital without liquidating savings or taking on higher-cost financing.

Share secured financing is designed to be simple and transparent. While exact terms can vary, the process generally looks like this:

Step 1: Choose the savings you want to secure. Your business (or, in some cases, an eligible owner) identifies the amount on deposit that will be used as collateral.
Step 2: A hold is placed on the secured funds. Those funds remain in the account but may not be available for withdrawal while they’re securing the loan.
Step 3: Receive the loan funds. Your business gets access to the loan proceeds to use for qualified business needs.
Step 4: Repay with fixed monthly payments. Payments are made over the loan term, helping you plan cash flow.
Step 5: Collateral is released as the loan is paid off. Once the loan is satisfied, the hold on the secured funds is removed and full access is restored.

For many business owners, this is a practical way to “put savings to work” while still maintaining a relationship with UCCU and keeping finances organized in one place.

Talk to a Business Expert

Talk to a UCCU expert and find the best option for you and your business.

(801) 223-7665 | [email protected]

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More Predictable Approval

Because the loan is backed by your own deposit, it may be easier to qualify compared to unsecured business loans. This is especially helpful for newer businesses, businesses with limited credit history, or businesses working to rebuild credit.

Competitive Pricing & Steady Payments

Secured loans often come with more favorable rates than unsecured options, helping keep borrowing costs lower. You’ll also have a clear payoff schedule and consistent payments that support better budgeting.

Strengthen Business Credit

A share secured loan can help establish or improve your business credit profile through consistent, on-time payments. Stronger credit can support future financing needs and help your business qualify for better terms over time.

Key Benefits for Your Business

A Share Secured Business Loan isn’t just about getting approved—it’s about borrowing in a way that supports stability and future growth.

Budget clarity
Fixed payments and a set timeline make it easier to forecast expenses and plan for upcoming business needs.

Lower financial stress
Because your savings backs the loan, you may avoid higher-cost financing options and reduce overall risk.

Build stronger financial foundations
When managed well, a share secured loan can help your business develop a positive repayment history and strengthen its financial profile.

Keep banking relationships simple
Managing savings and borrowing at UCCU can help streamline your finances and create a clearer picture of your business’s cash position.

A Share Secured Business Loan may be a strong fit if your business wants access to funds while maintaining financial stability. It can be especially useful if you:

Want a loan option that may be easier to qualify for
Prefer lower-cost borrowing compared to unsecured options
Are building business credit or rebuilding credit history
Want predictable payments and a clear payoff date
Have cash on deposit but don’t want to fully spend it upfront

If your business needs flexible, revolving access to funds for ongoing expenses, a different product (like a line of credit) may be a better fit. A UCCU business specialist can help you compare options based on your cash flow, timeline, and goals.

Frequently Asked Questions

It means your loan is secured by your funds on deposit in a UCCU savings account. Those funds serve as collateral and may be held (restricted) while the loan is active.

In many cases, the secured funds may still earn dividends while they’re held as collateral, but access to those funds is restricted. A UCCU business specialist can confirm how dividends and holds work for your specific account type.

Loan amounts are typically tied to the amount you have on deposit that you’re using as collateral. Exact borrowing limits and structures can vary.

Yes. Consistent, on-time payments can help establish or strengthen business credit history, which may improve future financing opportunities.

If a loan goes into default, the funds securing the loan may be applied toward the outstanding balance. If you anticipate cash flow issues, it’s best to contact UCCU early—there may be options to help you stay on track.

A traditional term loan is typically based more on credit, cash flow, and other collateral. A share secured loan is backed by your deposit, which can make approval easier and may offer more favorable pricing.

Start by talking with a UCCU business specialist. They can help you determine the best loan structure, explain how the secured funds will be held, and walk you through the application steps.

Supercharge Your Savings

Supercharge Your Savings

Supercharge Your Savings

Supercharge Your Savings