Founderpath vs Espresso Capital - The No Covenant, No Mimimum alternative to Espresso Capital

The No Covenant, No Mimimum alternative to Espresso Capital

They require labor intensive monthly reporting, $40k+ in fee's. Founderpath offers:

icon tickNo monthly reporting
icon tickNo Fees
icon tickWire under 48 hours
icon tickSaaS Valuation Calculator

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Nate Pruitt

Nate Pruitt

United States

Exactly the type of funding we were looking for

Founderpath has been a perfect avenue for our short-term cash needs. Instead of the "traditional" process with all the headaches, Nathan and his team made it really easy for us to fund additional development resources in order to get our next version to market sooner than planned. We take cash as we need it and repay it quickly based on the customer run rate. As an equity owner, not having to give up equity in exchange for funds is exactly what our company was looking for. I wouldn't hesitate to recommend Founderpath as a viable funding option.

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Why choose Founderpath over Espresso 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 Espresso Capital alternative.

TIMIA
Espresso Capital
FounderpathFounderpath
Money wired under 24 hours
Diligence takes 3+ months
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Minimum Annual Revenue
$5,000,000
$120,000
Fixed monthly payments?
Can change interest rate every month
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Fee
1.5% "Advance Fee"
No Fees
Fee
$20k "Legal Fees"
No Fees
Fee
$10k "Deposit Fee"
No Fees
Covenant
Yes, require min cash bank balance "Net Working Capital"
No Covenants
Monthly Reporting Required?
Takes 10 hours (Require P&L, CF, BS, board decks)
Automated through platform
Payoff early without fees or penalties
60 day interest penalty
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SaaS Valuation Calculator
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Free CAC calculator
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Free cash flow/profit and loss reporting tool
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Free Lifetime value calculator
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Free Churn calculator
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SaaS Company HQ
Canada, US Only
Worldwide

Integrate with your favorite SaaS tools instantly

How it works

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

3,124

Offers made

...

$504m

Revenue on platform

Troy Noll

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.

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Frequently Asked Questions

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