You'll hate spending weeks on diligence then paying huge fees. Founderpath Offers:
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 alternative.
Money wired under 24 hours
Diligence takes 3+ months
Minimum Annual Revenue
Take Warrants (Equity)?
$30k Closing Costs and Legal Fees
1- 2% "Origination Fee"
Interest Only Period
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
Spend money how you want?
See "Use of Proceeds" clause
Easy to forecast, fixed monthly payments?
SaaS Valuation Calculator
Free CAC calculator
Free cash flow/profit and loss reporting tool
Free Lifetime value calculator
Free Churn calculator
SaaS Company HQ
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