TimelyBorrow
Empower Your Financial Journey
Our Mission
Empowering Your Financial Journey: Welcome to TimelyBorrow!
At TimelyBorrow, we're revolutionizing community-based lending by offering affordable and accessible financing options when you need them most. We understand that life throws unexpected curve balls, and sometimes a little financial boost can make all the difference. That's why we specialize in facilitating short-term lending up to $5000, empowering you to navigate life's emergencies with confidence.
Our Story: Born from Community Need
TimelyBorrow was founded in July 2023 by Hasan Perez, LMSW, MPH, a visionary dedicated to strengthening community well-being. Hasan's journey began with firsthand experience in peer-to-peer lending, where he recognized a significant unmet need. He witnessed countless individuals in his own community facing financial emergencies with nowhere to turn for quick, reliable, and judgment-free funding.
While other short-term lending options exist, they often come with a heavy price tag and hidden fees, trapping borrowers in a cycle of debt. Hasan saw an opportunity to create a fairer, more transparent solution, and from that vision, TimelyBorrow emerged as the premier community lending platform.
We are dedicated to providing a reliable and efficient borrowing experience that enhances financial security and peace of mind for you and your loved ones.
Lending Coverage
Our Borrowing Terms: Simple, Transparent, Community-Driven
Accessing TimelyBorrow is straightforward. To ensure a trusted and secure environment, borrowers are referred by a current member. We've also re-imagined the traditional lending model. Instead of complicated interest rates, we offer a universal lending option with a clear 10% to 25% convenience fee. This transparent approach means you'll always know exactly what to expect, with no surprises or hidden charges. We're proud to be a fully functional and thriving resource for our community, providing a helping hand precisely when it's needed. Ready to discover the TimelyBorrow difference?
Personalized Borrowing
We assess your unique financial needs and offer tailored borrowing plans to ensure comprehensive coverage for your financial security.
15 day lending: 10% convenience fee
21 day lending: 12.5% convenience fee
30 day lending: 15% convenience fee
60 day lending: 25% convenience fee
Rollover: In the event that a member is not able to pay the full balance of their borrowed amount on its due date the member may opt to pay the convenience and reset the borrowed amount for 30 days with 15% convenience fee.
Split Lending: In the event that a member is not able to pay the full balance of their borrowed amount on its due date the member may opt to pay the convenience fee and split the borrowed amount into two payments. After two rollovers the borrowed amount will automatically be split into two payments.
Bridge Lending: A member must pay at least 25% of their borrowed amount and may elect to have the remaining balance subtracted from their new borrowed amount.
Financial Stability
We're thrilled to help you get started!
New members can enjoy an initial borrowing amount of up to $100 to experience the TimelyBorrow difference. As you successfully complete your repayments, your borrowing limit can increase in increments, all the way up to $5000. Members must complete three on time payments to be eligible for a $100-$150 increase.
Emergency Assistance
In times of need, we are here to provide swift and efficient assistance, ensuring your financial stability during unexpected events.
Client Reviews
Testimonials
Our clients' satisfaction is our priority. Discover how we have helped individuals, families and businesses manage their financial needs with our borrowing solutions.
