Cumulus Funding

With a loan, the bank has a principal amount they lend you, and you pay that amount back, with interest on top of it.  They don’t really care if your income goes down or if you become unemployed — those are their terms, deal with it.  If you can’t make your payments, they’ll often be happy to take your car or your house instead.

With our product,  your payments vary with the amount of money you’re making.  If your income goes down, so do your payments.  We call it “inherent affordability,” but you can think of it as peace of mind.  This helps keep a financially difficult time from getting even tougher.  In exchange, if your income goes up, your payments will increase.  However, your payments only increase by a percentage of the additional income you’re making (leaving most of your increased income for you).

During any period where you’re unemployed, you don’t owe us any payments.  Being unemployed is no fun.  We’re your financial partner, and we don’t want to make a bad situation worse.  Once you’ve started working again, your payments will resume.

Also, since we want to see you earn as much as possible, if you become unemployed we have resources that we can provide to help you find employment more quickly – possibly even at a better job than your last one.  Remember, we have a financial stake in your success.

We’re basically talking about your salary or wages.  In the spirit of fairness, most other items are excluded.  For example, if you receive an inheritance, we don’t include that in your income (even though the IRS does).  When we calculate your income, we also exclude things like dividends, gains on investments, pensions, unemployment benefits and numerous other items (even though the IRS says these are all forms of income).  We are essentially just taking a portion of the income you earn from the work that you do.

We actually include a cap in our contract that sets a maximum amount of money you will ever have to pay us in a year.  Any money you earn beyond a certain income level is 100% yours to keep.

No problem.  We designed this product to be able to make you an offer regardless of your credit score.  Lower credit scores may impact your offer to some degree, but a low credit score alone will never keep us from being able to make you an offer.

As long as it’s legal, you can use your funds for whatever purpose you see fit — it’s your money!  We are providing funds to you in exchange for the opportunity to invest in your future.  We aren’t underwriting a loan on a specific asset.  Therefore, we are completely flexible as to what you use our funds for:  Pay bills or make payments on unforeseen expenses, eliminate credit card debt or other loans, save for the future, start a business, go back to school, renovate your home, buy a car…. the list goes on and on.

That depends on a number of factors, including your earnings and how much money you would like us to provide to you in upfront funds.  That said, we will not make any offers for more than 15% of your income.

Every contract may be pre-paid (or “repurchased”) from Cumulus Funding at any time.  The cost to pre-pay your contract will vary depending on how much money you’re making and how much time is left in your contract.  We will update you every month in your monthly statements as to the current pre-payment amount.  Our goal is to give you the peace of mind that if you’d like to end your term early, you have that opportunity, and we will try to make that as simple and transparent as possible.

From the time you decide you’d like an investment from Cumulus Funding and you provide us the necessary supporting documentation, we can typically get money wired to your account or sent to you via check or pre-paid debit card within 3 business days.  The sooner we get started, the sooner we can get you your funds, and consultations are completely confidential with absolutely no obligation.  Give us a call at (877) 285-0389 — we’d love to talk to you!

No.  We won’t even ask you for your gender or ethnicity.  Neither factor has any impact on the amount of money we will provide or the percent of your income we will require in return. 

We are currently operating in California, Georgia, Montana, North Carolina, North Dakota, South Dakota and Texas.  If you’re not currently a resident of one of those states, please check back soon!  Hopefully we’ll be expanding to your area in the near future.