Looking to grow your business without giving away equity?
There are many reasons why a startup may need a bit of extra cash. Whether you need to fuel R&D, marketing & sales, or get over a cash flow crunch, we are here to help you with different funding options.
Venture debt options to suit your needs
Tax Credit & Grant Financing
Term Loan
Line of Credit
Term Loan
- Fixed-term 24 to 36 months
- 5 to 8 times your average monthly recurring revenue
- Fixed interest rate
- Draw funds at any time based on MRR growth
- Options for payment holidays, interest-only periods, balloon payments
- Option to combine MRR and tax credits for a bigger loan
- Typically 3 weeks to funding
Line of Credit
- Draw every quarter based on the estimated accrued tax credits
- Options for SR&ED, Digital Media, and some Grant Financing
- The more tax credits you accrue, the higher your line of credit
- Repay all or part at any time
- Draw up to your maximum at any time
SaaS Recurring Revenue Financing
SaaS Line of Credit
Cap Rate Loan
SaaS Line of Credit
- Fixed-term 24 to 36 months
- 5 to 8 times your average monthly recurring revenue
- Fixed interest rate
- Draw funds at any time based on MRR growth
- Options for payment holidays, interest-only periods, balloon payments
- Option to combine MRR and tax credits for a bigger loan
- Typically 3 weeks to funding
Cap Rate Loan
- Fixed-term 24 to 36 months
- 5 to 8 times your average monthly recurring revenue
- Pay back a multiple of the principal borrowed
- Draw funds at any time based on MRR growth.
- Monthly repayment via a percent of your MRR
- Borrowing base a combination of MRR multiple and tax credits
- Typically 3 weeks to funding.