Looking for Funding?
Having trouble funding your business? LocAlley have secured funding
partnerships with a variety of funders, including Clearco and Equivesto, to connect businesses with alternative financing options. Determine your eligibility by clicking the button below.
*LocAlley reserves the right to accept a finder’s fee for referrals.
What Type of Funding can LocAlley Connect Me With?
Click on the arrows to learn more.
Revenue-Based Financing
- “It’s a means of raising capital by promising future sales in exchange for funding. Rather than incurring interest with debt financing or giving up a piece of your company like with equity financing, the initial investment is repaid based on business profits until the advance is paid in full” (Pickup, O. Clearco. 2022).
Crowdfunding
- “..is a new type of fundraising that allows private companies to raise money by issuing small portions of ownership to a large group of investors. This allows many more people to participate in the higher risk, but higher return private investment market” (Equivesto. 2022).
Debt-Based Financing
- Also known as advance / receivable financing. It means getting loans for your business, usually involving a fixed interest repayment (Cambridge Dictionary. 2023).
- The world’s largest e-commerce investors, their mission is to remove barriers for brilliant ideas and businesses.
- This data-driven approach takes the bias out of decision making and helps Clearco fund 25X more female founders than traditional VCs across 6 countries.
- Clearco is not a loan, but a revenue share model based on monthly revenue, where you keep 100% of your company.
- Funding may be distributed by Clearco ($10K – $20M) when your business earns the minimum revenue requirement of $10k/month*.
*If your business earns less than that, you are still eligible to access Clearco resources
- Equivesto provide due diligence to protect both your company and the investors investing in your product or service.
- Typical campaign length is 30-90 days, and effective marketing strategies are critical to success.
- Eligible businesses are incorporated in Canada, including pre-revenue companies!
- Raise funds by engaging your existing community (min $25K raise) in exchange for equity in your company.
- Receive funding for your small business in just 24 hours.
- Access funding for advertising, supplier payments, cashflow, hiring, and more!
- Funded 8000+ businesses and invested over $400 million.
- Provides solutions tailored to your needs: e-commerce financing, fixed financing, and open a line of credit.
- Canadian Based small businesses that have been open for at least 6 months and have 10k+ in revenue are eligible.
What’s Next?
Step 1: Do any of these funding options interest you? Fill out the Funding Assessment Form.
Step 2: Stay tuned to your email as LocAlley will contact you regarding next steps depending on the funding option(s) you’re eligible for!
Step 3: Have any questions along the way? Don’t hesitate to contact us!
Let’s Get Started- Determine if You’re Eligible Today!
Take 5 minutes to fill out the form and we’ll help you get started! Stay tuned to your inbox for an email from us.
Any questions? Contact us at: localley@localley.ca
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