The No Draw Fee Alternative to BigFoot Capital

You'll hate paying 1% everytime you want to draw money. Founderpath Offers:

YesNo draw fee
YesNo closing fees
YesNo legal fees
YesWire under 48 hours
Compare Terms
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Stars Rating$271M funded to 710+ founders →
The No Draw Fee Alternative to BigFoot Capital

Join 3,021 Bootstrapped SaaS Founders

Fast growing SaaS companies

BigFoot Capital Reviews

JL

Josh LaSov

Founder and CEO of ZoneReporting & Tactical Connect

After looking at 23 lenders, got 7 figure wire from Founderpath in under a week

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.

Stars Rating

Why choose Founderpath over BigFoot Capital?

Use SaaS Financing Software that scales with you. See why SaaS founders are taking money from Founderpath and using our valuation and reporting tools to make it the #1 BigFoot Capital alternative.

BigFoot Capital
Founderpath
Money wired under 24 hours
Nodiligence takes 3+ months
Yes
Minimum Annual Revenue
$3,000,000
$120,000
Take Warrants (Equity)?
No
No
Fee
$30k Closing Costs and Legal Fees
No Fees
Fee
1-2% "Origination Fee"
No Fees
Draw Fee
1%
No Fees
Monthly Reporting Required?
Takes 10 hours (Require monthly GAAP pdf/excel statements)
Automated through platform
Payoff early without fees or penalties
Noexpensive penalty
Yes
Spend money how you want?
Nosee "Use of Proceeds" clause
Yes
SaaS Company HQ
US Only
Worldwide
Easy to forecast, fixed monthly payments?
Yes
Yes
SaaS Valuation Calculator
No
Yes
Free CAC Calculator
No
Yes
Free cash flow/profit and loss reporting tool
No
Yes
Free cash flow/profit and loss reporting tool
No
Yes
Free Churn Calculator
No
Yes

Integrate with your favorite SaaS tools instantly

How it works

Founderpath is the Fastest Growing BigFoot Capital Alternative

Founders Will Take $250m This Year. So far:

3,124

Offers made

...

$504m

Revenue on platform

TN

Troy Noll

United States

No strings attached non-dilutive debt

We recently worked with Founderpath to draw down a loan with zero dilution. Nathan and the team at Founderpath where easy to work with and the process was extremely straightforward and we received the funds very quickly once agreed.

Stars Rating

What is BigFoot Capital?

BigFoot Capital is a US-only revenue-based financing company for SaaS businesses typically requiring approximately $1.5M–$2M in annual recurring revenue. They charge approximately $30K in closing and legal fees, a 1–2% origination fee, and a 1% draw fee each time you access capital. Diligence requires monthly GAAP financial statements and typically takes 3 months or more. Their agreements include a "Use of Proceeds" clause restricting how you spend the capital and early payoff penalties.

Founderpath is the most commonly cited BigFoot Capital alternative for founders who want fast, fee-free financing. Founderpath charges no draw fees, no origination fees, and no closing costs. Diligence is automated through billing and banking integrations, and most founders receive a wire in under 48 hours. Founderpath also has a lower minimum revenue threshold and serves companies worldwide rather than US only.

Frequently Asked Questions

BigFoot Capital is a US-only revenue-based financing company for SaaS businesses. They charge approximately $30K in closing and legal fees, a 1–2% origination fee, and a 1% draw fee each time you access capital. Diligence typically takes 3+ months. They typically require approximately $1.5M–$2M in annual revenue and include a "Use of Proceeds" clause restricting how you spend the capital.
Yes. BigFoot Capital charges a 1% draw fee every time you draw capital from your facility. On a $1M draw, that is $10,000 in fees per draw, on top of origination fees (~1–2%) and closing costs (~$30K). Founderpath charges no draw fees, no origination fees, and no closing costs.
BigFoot Capital's diligence process typically takes 3 months or more, requires monthly GAAP financial statements, and involves significant manual document review. Founderpath's diligence is automated through direct integrations with your billing, banking, and accounting systems — most founders receive a wire in under 48 hours.
The main BigFoot Capital alternatives for SaaS founders are Founderpath, Capchase, Pipe, and Clearco. Founderpath is most commonly preferred because it has no draw fees, no closing costs, no legal fees, and wires capital in under 48 hours versus BigFoot's 3+ month timeline.
BigFoot Capital typically includes early payoff penalties in their agreements, making prepayment expensive. Founderpath's Term Loan allows early payoff without any penalty, which can significantly reduce your total cost of capital.
Founderpath launched in 2021 by investing non-dilutive capital in B2B SaaS companies. Today, Founderpath funds a variety of business models including SaaS, ecommerce, and agency's. Connect your billing, bank, and accounting tools, and within 24 hours you can unlock capital based on your business performance.
Founderpath works with founders running B2B SaaS companies with at least $500k in last year revenue, healthy retention, and recurring subscription contracts. Founderpath also funds ecommerce brands with at least $500k of last year sales and agencies who do more than $1m per year in revenue.
With Founderpath you keep 100% of your equity — no board seats, no dilution, and no long fundraising cycles. Unlike banks, we move fast, don't require personal guarantees, and understand recurring revenue models.
We offer Revenue Financing, Term Loans, and Merchant Cash Advances. All are non-dilutive (we get no equity) and are designed specifically to help founders and business owners keep equity and keep control of their business.
Most founders see funds in their account within 24–48 hours after connecting their data.
No. Founderpath is 100% non-dilutive. You never give up equity, control, or board seats.
Founderpath's revenue financing product offers discount rates on future revenues as low as 7%. Founderpath's term loan product offers interest rates as low as 15%. Founderpath's Merchant Cash Advances offers repayment rates as low as 5% of your monthly revenue. All funding offers are contingent on underwriting.
We look at key SaaS metrics like ARR, churn, gross margins, and retention. The stronger your metrics, the more capital you can unlock at better rates. For ecommerce brands, we look at margins, unit economics around customer acquisition, and your ability to scale sustainably.
Founderpath has funded $271M to 710+ software founders. Founderpath's average deal size is about $600,000. The strongest companies raise $5m+ from Founderpath.
No full personal guarantees and no warrants. Founderpath takes a lien on business assets only.
Founderpath generally works with founders, within reason, if the business declines or hits trouble.
Yes. Founderpath uses bank-level security and encryption. Your data is private, never sold, and only used to underwrite your capital offer. Visit Founderpath's trust center and view security certificates in the footer of founderpath.com
Yes. You can repay early at any time, and generally save on any future fees or interest.
Founderpath has funded 710+ SaaS Founders including Bettercomp, Kissflow, Reply.io, BadgerMaps, DearDoc, Cybersmart, MobileMonkey, and many more. These founders have scaled faster, extended runway, or avoided dilution by keeping full control of their companies.
Yes. We're available in most countries and have already done deals with founders in Canada, South America, Europe, and Asia.
Yes. You can check by clicking on the GDPR logo in the footer and by visiting https://prighter.com/q/18604028289
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