UPFC is an acronym for Uttar Pradesh financial Corporation.It was established on 1st November 1954 under SFC's act 1951.It is a state financial corporation.It is a semi Govt. concern.These are the following features of UPFC:-

• One of the premier lending state financial corporation of India.
• Consistent track record in servicing of debts.
• SEBI authorized category-1 Merchant Banker and Member of OTCEI.

UPFC extends financial support to upcoming small and medium scale industries in the state of Uttar Pradesh and Uttranchal and also for modernization,diversifiction and expansion of existing industrial units.UPFC not only finances for the fixed assets of units but also encourage smaller units{having cost of projects upto Rs.50.00 lacs} with Seed Capital assisitance to the extent of 25% of COP{maximum Rs. 10.00 lacs} under National Equity Fund{NEF} scheme.