Our Funding Products
Need funding for your small business, startup, or for personal use? Get qualified quickly for the best options available from our marketplace of lenders.
Choose the Best Product from Our Marketplace of 100+ Lenders
At My Local Funding, we offer a wide range of funding options to suit your financial needs.
Whether you’re a small business or startup looking to finance an expansion, an investor looking to secure the next addition to your portfolio, or an individual looking for a personal loan, we can help you get the financing you need to succeed.
Browse our selection of 19 funding options to find the solution that works for your goals.
Conventional Loans
Need a conventional loan for a residential or commercial property investment?
We offer all kinds of conventional loans at competitive rates and terms. Get in touch with us today to learn more and apply.
SBA Loans
Need an SBA loan to start or expand your business?
We offer a variety of SBA loans to businesses who meet certain qualifications. Our criteria includes:
- Being in business for at least 3 months
- Generating at least $60,000 in annual gross sales
- A credit score of 675 or above
To get funding your business with a low interest and flexible term SBA loan in as little as 45 days, apply with us now. And if you don’t qualify for an SBA loan, consider one of our other lending options.
Line of Credit
Need a new line of credit to pay for your business or startup expenses?
Get qualified for multiple revolving lines of credit and pay only what you need, or get approved for a stack of 0% credit cards for up to 20 months. We can secure funding of up to $1,000,000.
All we need to get you qualified is either a personal credit score of 680 or above, verified personal income, business bank deposits of $15,000 per month over the past 90 days or two years of profitable business or personal tax returns.
Startup 0% Credit Stacking
Launch your business with up to $150k in revolving credit cards with rates of 0% for up to 20 months.
Get approved within 2 to 3 weeks.
Business Revolving Credit
Get qualified for up to $500,000 in revolving credit cards with rates as low as 8%.
Get approved within as little as 3 days.
Business Loans
Need a business loan to finance an expansion, new inventory, new equipment, or to pay off debts?
We offer a wide variety of business loans for both established and beginner entrepreneurs with competitive rates and terms. Apply now to find out what you qualify for.
Equipment Financing
Need financing to purchase new equipment for your business?
Get loans ranging from $10,000 to $5,000,000 with 1 to 5 year terms within as little as 2 to 5 days.
With our diverse pool of lending options, we can secure equipment financing quickly even if you:
- Have bad credit — We work with a wide variety of credit profiles. All you need to secure an equipment financing loan is a FICO score of 580 or more.
- Haven’t been in business for long — there’s no minimum time in business requirement.
- Have low sales — there’s no minimum gross sales requirement.
AR Financing
Need an amounts receivable loan to pay off importance invoices?
Get loans ranging from $10,000 to $5,000,000 with 6 month to 10 year terms within as little as 2 to 5 days.
With our diverse pool of lending options, we can secure AR financing quickly for a wide variety of financial profiles. All you need to qualify is:
- An aging AR report
- A minimum of $500,000 in annual gross sales
And that’s it! There’s no minimum FICO score requirement. Apply now to see your options.
Merchant Cash Advance
Need a merchant cash advance to pay off debts, buy new equipment, or expand your business?
Get same day funding for loans ranging from $10,000 to $5,000,000 with flexible financing terms.
With our diverse pool of lending options, we can qualify you for a merchant cash advance quickly and easily. All you need to qualify is:
- At least 3 month in business — all you need to qualify for our top financing options is a business record that goes back 3 months.
- A minimum of $5,000 in monthly gross sales (or $60,000 annually)
And that’s it! There’s no minimum FICO score requirement. Apply now to see your options.
Asset Based Loans
Want an asset-based loan secured by your collateral?
Asset-based loans are a great way to access funding more quickly and easily than with conventional bank loans. And, with My Local Funding, you can secure same day funds for loans ranging from $10,000 to $5,000,000 with terms of 1 to 5 years.
With our diverse pool of lending options, we can qualify you for the best asset-based loan options available. Our requirements for asset-based loans are:
- At least 3 month in business — all you need to qualify for our top financing options is a business record that goes back 3 months.
- A minimum of $5,000 in monthly gross sales (or $60,000 annually)
And that’s it! There’s no minimum FICO score requirement. Apply now to see your options.
Franchise Financing
Need franchise financing to scale your business, conduct necessary renovations, or cover business start-up expenses?
Secure franchise financing loans ranging from $10,000 to $5,000,000 with terms of 6 months to 10 years in as little as 2 to 7 days.
With our diverse pool of lending options, we can qualify you for the best franchise financing options available. Our requirements for franchise financing are:
- At least 3 month in business — all you need to qualify for our top financing options is a business record that goes back 3 months.
- A minimum of $5,000 in monthly gross sales (or $60,000 annually)
And that’s it! There’s no minimum FICO score requirement. Apply now to see your options.
Startup Funding
Need to secure funding to kick-off your business to a great start?
Covering start-up expenses like inventory, website development and equipment purchase is easy with My Local Funding.
We offer same day startup funding loans ranging from $10,000 to $5,000,000 with 1 to 5 year terms.
With our diverse pool of lending options, we can qualify you for the best startup funding options available. All you need is a credit score of 650 or more — there’s no minimum required time in business or revenue amount.
0% Credit Stacking
Need a new line of credit to pay for your business or startup expenses?
Launch your business or pay for existing expenses with up to $150,000 in revolving credit cards with rates of 0% for up to 20 months.
All we need to get you qualified is either a personal credit score of 680 or above, verified personal income, business bank deposits of $15,000 per month over the past 90 days or two years of profitable business or personal tax returns.
Get approved within 2 to 3 weeks.
Term Loans
Need short or long term loans to pay for ongoing business expenses or immediate investments?
We offer a variety of personal and business term loans for amounts ranging all the way up to $1,000,000.
Access a personal or short term loan in as little as 24 hours, or secure a long-term business loan in up to 2 to 3 weeks.
To learn more about our term loan options and what you qualify for, apply now.
Credit Card Processing
Need to establish credit card processing for your business quickly and easily?
My Local Funding can provide you with a full suite of debit and credit card payment systems, services, and products so you can increase your revenue and enhance your bottom line.
We offer credit card processing for all mobile and wireless options, in-person terminals, online options, and mail order and telephone options.
With low rates, no contracts, and next day funding, you can start enhancing your ability to make sales now.
Fix & Flip Loans
Need funding to invest in a fix and flip property?
We offer fix and flip loans for residential and multi-family properties for $250,000 to $20,000,000, with rates starting at 7.99% and term lengths of 6 to 18 months.
With a FICO requirement of only 580, My Local Funding makes it easy to secure your next fix and flip real estate investment.
Terms and Details
Eligible Property Types:
Residential, Condominiums, 1 to 4 Unit Multifamily
Loan Size:
$250,000 – $20,000,000
Loan Term:
6 to 18 months
Interest Rates:
Starting at 7.99%
LTV (Loan-to-Value):
Up to 80% of purchase and up to 100% of rehab costs.
Loan to ARV:
75%
Minimum FICO:
570
Hard Money Loans
Need funds to purchase a new property or asset?
Get fast funding for your property investment projects with a hard money loan, secured with the equity in the property.
With no:
- Prepayment penalty
- Appraisal needed
- Personal income verification
- Minimum credit requirement
And very little documentation needed, all you need to qualify for a hard money loan is equity in your property to use as collateral.
Our partners can typically qualify for loans that range from $300,000 to $10,000,000 with terms of 3 to 24 months. With a closing time of 3 to 8 days, you can get your funds and secure your new investment in no time.
Terms and Details
Eligible Property Types:
Residential, Commercial, Mixed Use, Warehouse, Self Storage, Automotive
Loan Uses and Purposes:
Purchase, New Construction, Refinance, Cash-Out
Loan Size:
$300,000 – $10,000,000
Loan Term:
3 to 24 months
Closing Time:
3 to 7 days
Interest Rates:
Starting at 8.49%
LTV (Loan-to-Value):
Up to 80% of purchase and up to 100% of rehab costs.
Amortization
Interest-only payments
Origination Fees:
Can vary between 1 to 3 points based on property, location, LTV, loan amount and term, and credit worthiness of the borrower.
Lending Areas:
Metropolitan and coastal areas nationwide, rural not eligible.
Commercial Bridge Loans
Need to purchase or refinance a commercial real estate investment property?
We offer commercial bridge loans that can help you close the deal fast and bridge the gap until you secure permanent financing so you can still seize investment opportunities when they occur.
Commercial bridge loans are great choices for people looking to invest in commercial real estate who have poor credit, are interested in a property that isn’t currently generating income, or who don’t have American citizenship.
With no:
- Appraisal
- Pre-payment penalty
- Personal income verification
- Minimum credit requirement
And very little documentation required, all you need to qualify for a commercial bridge loan is equity in your property that can be used as collateral.
Our partners can typically qualify for loans in the $250,000 to $10,000,000 range with terms of 3 to 24 months.
With a closing time of as little as 5 to 7 days, you can secure the funding you need to purchase a new commercial, retail, mixed use, automotive, or warehouse property quickly.
Terms and Details
Eligible Property Types:
Multi-family, Commercial, Retail, Office, Mixed Use, Warehouse, Self Storage, Automotive, Car Wash
Loan Size:
$250,000 – $10,000,000
Loan Term:
3 to 24 months
Closing Time:
As little as 5 to 7 days (after appraisal is received)
Interest Rates:
8.5% to 12%
LTV (Loan-to-Value):
Up to 75% LTV and 70% ARV for rehab job. Cannot exceed 90% of the purchase price.
Amortization
Interest-only payments
Origination Fees:
Starts at 2% and goes up based on property, location, LTV, loan amount and term, and credit worthiness of the borrower.
Lending Areas:
Metropolitan and coastal areas nationwide, rural not eligible.
Rental Loans
Need long-term financing to secure a refinance cashout, buy and hold property, or a BRRR (Buy, rehab, rent, refinance, repeat) property?
Our rental loans are perfect for anyone looking to buy a residential property they plan on renting out, and are flexible to meet the needs of both experienced and new real estate investors alike.
We offer a selection of 30-year fixed rate mortages, 5/1, 7/1, and 10/1 Hybrid Arms, and interest only and fully amortizing options. We also offer cashout rates of up to 80% loan-to-value.
Partners who meet the requirements of a 650 minimum guarantee FICO can typically qualify for loans in the $250,000 to $3,000,000 range with terms of 30 years.
Our closing time normally ranges from 5 to 7 days.
Terms and Details
Eligible Property Types:
Residential — Single Family, Townhomes, Condos, 2 to 4 Unit Multifamily
Loan Size:
$250,000 – $3,000,000
Loan Term:
30 years
Multi-family Loans
Want to invest in a multi-family property?
We offer a variety of multifamily property loans that can help you lock in the deal for a multifamily acquisition quickly and easily.
With multi-family bridge, stablization, and value add loans, we can help you secure loans ranging from $250,000 all the way up to $25,000,000 or more at rates starting at 7%. Our loan terms includes 1-2 year options as well as 30 year options.
We can either use a recent appraisal you’ve received in the past 30 days, or, if you haven’t gotten one yet, we can order one for you. After we have your appraisal and all the necessary documents, our closing time normally takes between 5 and 7 days.
Terms and Details
Loan Type:
Value-add Construction, Bridge, Stabilization
Loan Size:
$250,000 – $25,000,000 (or more)
Loan Term:
1-2 years, 30 year
Interest Rates:
Starting at 7%
LTV (Loan-to-Value):
70%
LTC:
Up to 80%
Non-recourse available
Ground-up
Construction Loans
Do you want to build a single-family, multifamily, or commercial property on shovel ready land?
We offer competitive ground-up construction loans for both residential and commercial properties with closing times of 5 to 7 days so you can get your project underway quickly.
Residential Ground-up
Construction Loans
Secure loans from $300,000 to $5,000,000 with terms of 12 to 18 months with no prepayment penalty for residential properties.
Our FICO minimum requirement is 630, and our rates start at 7.99%.
Terms and Details
Eligible Property Types:
Single Family, Condominiums, Townhomes, 2 to 4 Unit, Multifamily Up to 8 Units
Loan Size:
$300,000 – $5,000,000
Loan Term:
12 to 18 months with no prepayment penalty
Interest Rates:
Starting at 7.99%
LTC:
Up to 85%
Minimum FICO:
630
Lien Position:
First trust deeds only
Amortization:
Interest-only payments — no prepayment
Lending Areas:
Metropolitan and coastal areas nationwide, rural not eligible.
Experienced developers only — must have a track record of 3 or more projects.
Commercial Ground-up Construction Loans
We offer commercial construction loans to experienced developers with at least 3 projects under their belt and a minimum FICO score of 630.
Get in touch with us to learn how you can secure a loan with rates starting at 7.99%.
Terms and Details
Eligible Property Types:
Multifamily, Mixed Use, Commercial — Retail, Office, Light Industrial
Loan Term:
12 to 18 months with extensions available
Interest Rates:
Starting at 7.99%
LTC:
Up to 85%
Minimum FICO:
630
Amortization:
Interest-only payments — no prepayment
Lending Areas:
Metropolitan and coastal areas nationwide, rural not eligible.
Experienced developers only — must have a track record of 3 or more projects.