Revenue-based financing and SaaS term loans underwritten on ARR quality — not EBITDA. Non-dilutive capital that compounds your equity.
Most SaaS founders reflexively reach for equity every time they need capital. But at exit multiples of 4–6× ARR, every dollar of equity you sell today is worth three or four at the finish line.
When the use of funds is proven — scaling a channel that works, funding a known customer acquisition motion, bridging to the next milestone — non-dilutive debt is almost always the better tool.
| Scenario | Capital deployed | Equity cost at 5× exit |
|---|---|---|
| Equity round | $1M at 10% dilution | $500K+ in lost exit value |
| Revenue-based financing | $1M at 1.25× cap | $250K total cost |
| SaaS term loan | $1M at 12% interest | $120K total cost |
Illustrative. Actual terms vary by company profile and use of proceeds.
Use non-dilutive debt to scale acquisition channels with demonstrated payback — not to experiment.
Revenue growth increases enterprise value and ARR multiple, improving borrowing terms on future facilities.
Founders and existing shareholders own more of a larger business — compounding advantage at exit.
Higher ARR and stronger unit economics unlock larger facilities at lower cost — the flywheel accelerates.
See exactly how capital compounds sticky revenue — toggle lending on to see the difference.
Payment is based on monthly receipts — no fixed monthly obligation that stresses your model during slower months. Designed for companies with strong ARR growth and predictable cash flows.
Fixed monthly payments with term certainty. Ideal for companies with stable ARR, strong retention, and a specific growth initiative with a defined payback period.
Non-dilutive lending works best when paired with operational improvement. Our Strategic Platform — from revenue growth to product engineering — helps you deploy capital into proven channels with higher confidence.
The size and trajectory of your ARR is our primary credit indicator. We're lending against future recurring revenue, not against current assets or collateral.
NRR tells us whether your existing customer base is a stable foundation or a leaky bucket. Strong NRR means the ARR we're lending against is durable.
Gross margin determines whether growth creates value or just revenue. Below 65%, most SaaS companies struggle to generate the operating leverage needed to service debt.
We fund growth in channels with demonstrated CAC payback under 18 months. We don't fund experiments — we accelerate what's working.
Borrowers provide monthly P&L, ARR bridge, and cash flow statement. Not burdensome — the companies that do this already are the ones we want to work with.
We underwrite the team, not just the metrics. Self-aware founders with disciplined operating habits are a better credit than high-growth teams with chaotic operations.
If you're a B2B SaaS company at $1M+ ARR with strong retention and a specific use of funds in mind, we'd like to talk. We move quickly on qualified opportunities.
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