This page is for $1-20m ARR SaaS companies who signed a “Loan and Security Agreement” with SVB.
Quickly convert your term loans to Founderpath.
We found a clear way to grow our SaaS but want to grow as soon as we can before the series A. Tried Founderpath out of curiosity and got the capital in under 48 hours. We've grown a bunch since then and are about to take more capital (love that I can login and always know how much more capital I can take as we grow!).
Substantially faster and more professional (actually completed diligence in the timeline they provided) than others claiming to provide the same service. These guys make it easy. Cannot recommend Founderpath enough.
Edwin, Kevin and the team over at FounderPath have been an absolute pleasure to work with. The technical process to release capital is super slick and a breeze - this is then backed up with a solid, but approachable, human-led process. Kudos to the team for creating an incredible system.
Founderpath, Nathan and Edwin where fast, flexible and considerate of our business. They bring a trusted brand and the credibility of the industry. In addition to this they have created a great community of SaaS founders and a knowledge base that is best in class with a variety of tools and resources to operate and analyze our business. We are excited about the future with Founderpath.
We had several growth tactics we wanted to try going into Q3 of 2022. As we started executing and growing, we got an M&A offer we couldn't refuse. The extra cash in our bank gave us more confidence going into the negotiation. We got a higher valuation and closed last month. Founderpath's capital was hugely strategic during our M&A process. They let us pay off early without paying any fines once we finalized our acquisition," Josh, SaaS Founder.
After interviewing 23 lenders - it was wonderful to meet Founder Path. Their terms, process and understanding of speed was simply incomparable. Within 1 week we had completed diligence (and we aren't a small SaaS company). A few days later a seven figure wire hit our bank account and we were able to turn on the growth engine! In a nut shell, this is how lending should be done - great terms, super fast diligence and super fast to close.
Compare Founderpath and SVB Loan and Security Agreement
Use a capital partner that’s run by exited SaaS founders. See why SaaS founders are taking money from Founderpath making it the #1 SVB alternative
Who is your relationship with?
Not clear what FDIC will do
Your own relationship manager
Floating/unpredictable interest rate?
Monthly Reporting Required?
Not clear who your new SVB rep will be
Automated via API's
Open a bank account?
Spend money how you want?
(See "Use of Proceeds" clause)
Yes (hire, ads, growth)
Length of paperwork
New capital wired under 24 hours
Not clear what FDIC will do
Minimum Annual Revenue
Take Warrants (Equity)?
$10k Closing Costs and Legal Fees
Turn your MRR into upfront cash. Invest in new growth ideas. Pay back over 12-36 months. Keep all your equity.
Based off the largest database of SaaS valuations in the world. 450+ in last 12 months. Quickly see what your SaaS is worth.
Manage all of your customers from stripe, custom invoices, or other sources in one spot. Quickly identify which ones to upsell or ask for reviews.
ARPU, CAC, LTV, Churn, Retention all in one spot. Set guardrails and future targets to scenario plan.
Revenue on platform
We have used Founderpath as an ongoing source of non-dilutive growth capital for our fast-growing B2B SaaS company, Exercise.com, and have been very impressed with the ease of use, quick response times, and flexibility. Nathan and Kevin are great to work with and I look forward to partnering with them in the future. If you are a growing SaaS company that needs capital to fund future growth I would strongly recommend working with Founderpath.