Growth Capital Lending

Fund growth without giving away the company.

Revenue-based financing and SaaS term loans underwritten on ARR quality — not EBITDA. Non-dilutive capital that compounds your equity.

The Math

Equity is expensive. Debt is often cheaper.

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.

Illustrative. Actual terms vary by company profile and use of proceeds.

The SaaS Capital Flywheel.

01

Deploy into proven channels

Use non-dilutive debt to scale acquisition channels with demonstrated payback — not to experiment.

02

ARR expands

Revenue growth increases enterprise value and ARR multiple, improving borrowing terms on future facilities.

03

Equity retained

Founders and existing shareholders own more of a larger business — compounding advantage at exit.

04

Refinance at better terms

Higher ARR and stronger unit economics unlock larger facilities at lower cost — the flywheel accelerates.

Run the Flywheel Calculator →

Two products. One purpose.

Revenue-Based Financing

Aligned with your growth

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.

• $500K – $5M facility sizes
• High teens total APR, comprised of a revenue royalty and an interest rate
• Payment based on monthly receipts
• Facility durations typically 12–24 months, with an expectation of a 5-year relationship
• Minimum: $1M ARR, 90%+ NRR

SaaS Term Loans

Structured for predictability

Fixed monthly payments with term certainty. Ideal for companies with stable ARR, strong retention, and a specific growth initiative with a defined payback period.

• $500K – $5M facility sizes
• High teens total APR, comprised of a revenue royalty and an interest rate
• 24–48 month terms
• Interest-only period available for qualified borrowers
• Minimum: $1.5M ARR, 95%+ NRR, 68%+ gross margin

Capital + Platform

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.

Underwriting

What we look at — and why.

ARR & Growth Rate

Minimum: $1M ARR
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.

Net Revenue Retention

Minimum: 90% NRR
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 Margins

Minimum: 65% gross margin
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.

Use of Proceeds

Proven channels only
We fund growth in channels with demonstrated CAC payback under 18 months. We don't fund experiments — we accelerate what's working.

Financial Reporting

Monthly cadence required
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.

Management Quality

Qualitative assessment
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.

Ready to keep more equity?

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.