|
|
|
|
|
|
by Nlarch13
2136 days ago
|
|
|
i've sent founders to all those firms (list of 50+ debt providers and their cost here: https://docs.google.com/spreadsheets/d/17M_zgfNG20Z-cqQ6SqxQ... SaaS Capital: Won't touch you unless you have $3m in ARR. Yes they can get down to 12% but they also take warrants. We'll start at $250k in ARR, and take no warrants. SVB: Banks will only lend to software companies if they have VC backing. (yes they lend at cheaper rates) OnDeck and Kabbage/others are at 25%+ interest rates. Read the terms. |
|
|