Do you need
funding to grow
Umbrella Local provides small businesses with UNSECURED as well as SECURED financing. We can help you buy inventory, equipment, hire employees, acquire a competitor’s asset, or pay for a strategic marketing program to increase sales.
The 3 Golden Questions
If you can answer YES to any of these questions, we can help with up to $500,000 in unsecured financing.
Do you have 680 credit or higher? If not, do you have someone that can apply for you who does?
Do you have a business that has been generating more than $15,000 per month in revenues with at least 6 months in business?
Do you or does someone willing to apply have $40,000+ in an IRA or 401k NOT with a current employer?
Revenue Based Loans and Advances
Is your business generating revenue but your credit history lacking? These are true loans and advances ranging from $10,000 to $1 million. We judge the health of your business based on your cash flow – not just credit scores. Our in depth understanding of small businesses means that we can provide capital to businesses in as fast as 48 business hours with little documentation.
Through our partner banks, our Franchise Funding options offer fast in-house approvals with a streamlined documentation and closing process. Creative loan structures with terms up to 25 years. Rates vary from 6.25% to 7.25%* (*Loans have a variable rate of Prime Rate plus 2.75% to 3.75%).
Looking to buy a business or take your profitable business to the next level? Established businesses with tax returns that show good cash flow can get extensive funding. All come with incredibly low interest rates of 6%-8% and generous payback terms of 10 – 25 years. Our processing team will hold your hand from packaging to funding. SBA Loans typically take 2 weeks – 2 months to fund but they offer the highest loan amounts and best interest rates.
Retirement Assets Based Funding
Business Directed Retirement Account (BDRA) allows you to invest your retirement assets directly into your new or existing business without any penalties or taxable distributions. With this program, you can start or expand your business debt-free allowing you to reach profitability faster with no loans, no banks and no credit checks involved.
We provide up to $500K per loan.
We provide both unsecure and secured loans.
To be eligible for an unsecure loan you will need to qualify under one of the following requirements:
Have a 680+ Credit Score or have a verified income, or have a spouse that meets one of these requirements.
*There are additional details you need to be aware of. Please connect with us to book a full review of your options with an expert financing advisor.
Usually the terms are as follows:
Loan Terms: 3, 5, or 7 years
Rates: High-single, low-double digits (6-12% on average)
Prepayment Penalty: None
Time to fund: Typically 2-4 weeks after we receiving an executed agreement
*This information is not guarantee to provide a loan on these terms.
We provide all types of startup business loans, unsecured and secured, including lines of credit and credit cards.
We craft the best financing strategy for our clients based on their needs and status.
I have known Aurora for the past 6 years, and since I met her, I was taken by her passion to help people. I have had the opportunity to work with Aurora putting together and offering “Yoga and Self Development Retreats,” where she excels in preparing the topics she presents and the logistics of the events. Aurora is a team player that anyone can trust with confidence. Aurora and her Umbrella Local team put all the effort into making sure everyone that crosses their path gets caring attention and solution to their problems. It is a pleasure to work with them!”
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