They require labor intensive monthly reporting, $40k+ in fee's. Founderpath offers:
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.
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.
Money wired under 24 hours
Diligence takes 3+ months
Minimum Annual Revenue
Fixed monthly payments?
Can change interest rate every month
1.5% "Advance Fee"
$20k "Legal Fees"
$10k "Deposit Fee"
Yes, require min cash bank balance "Net Working Capital"
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
SaaS Valuation Calculator
Free CAC calculator
Free cash flow/profit and loss reporting tool
Free Lifetime value calculator
Free Churn calculator
SaaS Company HQ
Canada, US Only
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