The No Fee, Faster Approval, Alternative to Novel Capital

You'll hate spending weeks on diligence then paying huge fees. Founderpath Offers

No draw fee

No closing fees

No legal fees

Wire under 48 hours

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The No Mimimum, No Warrant Alternative to Novel Capital

Join 3,021 Bootstrapped SaaS Founders

Novel Capital Reviews

Josh LaSov

United States

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.

Why choose Founderpath over Novel 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 Novel Capital alternative.	Novel Capital	Founderpath
Money wired under 24 hours	Diligence takes 3+ months
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
Interest Only Period	Sometimes	Up to 18 months
Monthly Reporting Required?	Takes 10 hours (Require monthly GAAP pdf/excel statements)	Automated through platform
Payoff early without fees or penalties	Expensive penalty
Spend money how you want?	See "Use of Proceeds" clause
Easy to forecast, fixed monthly payments?
SaaS Founder Slack Group (Invite-Only, 1,987 founders)
Annual SaaS Bootstrapper Conference
SaaS Valuation Calculator
Free CAC calculator
Free cash flow/profit and loss reporting tool
Free Lifetime value calculator
Free Churn calculator
SaaS Company HQ	US Only	Worldwide

Integrate with your favorite SaaS tools instantly

Founderpath is the Fastest Growing Novel Capital Alternative

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Turn your MRR into upfront cash. Invest in new growth ideas. Pay back over 12-36 months. Keep all your equity.

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Customer Hub

Reporting

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

3,124

Offers made

$504m

Revenue on platform

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.