how software as a service revenue financing works

• Loans 4x to 7x monthly recurring revenue
• Funding within 2 to 4 weeks.  Once we meet, Venbridge will table a term sheet, conduct due diligence, present the loan documents and disburse the funds.
• Repayment on a monthly basis based on a percent of your monthly revenue.

criteria

• Terms ranging from 12 to 36 months
• Loan size from $100k to $1M with the ability to provide additional tranches
• Prefer senior debt and can subordinate if needed
• Minimum recurring revenue of $15k per month or $150k per year
• High gross margins
• Clear plan to profitability

benefits

• FAST: Receive funds in as little as 2 weeks
• COST EFFECTIVE: While there is a cost to the loan, if you compare it to the cost of equity, the loan is usually much less expensive
• SIMPLE: Standard loan documentation which is easy to understand
• FLEXIBLE: The loan repayment is based on a percent of your gross revenue so if you have a bad month, the repayment will automatically decrease.

flexibility

• No restrictive covenants
• Flexible repayment terms
• No warrants or equity kickers
• Senior or subordinate position
• Ability to participate in larger transactions with partner