The No Warrant, No Covenant Alternative to SaaS Capital
They'll require an office visit and want you to have at least $3m in revenue. Founderpath offers:
We had several growth tactics we wanted to try going into Q3 of 2022. As we started executing and growing, we got an M&A offer we couldn't refuse. The extra cash in our bank gave us more confidence going into the negotiation. We got a higher valuation and closed last month. Founderpath's capital was hugely strategic during our M&A process. They let us pay off early without paying any fines once we finalized our acquisition," Josh, SaaS Founder
Founderpath couldn't be an easier. I have experience with some of their competitors and they are leaps and bounds better. Here's what stood out:1. They took time to understand my business and our unique dynamics2. They offer a pro-rated early payoff schedule3. They are extremely responsive to communication (even on weekends)4. Most important: the cost of capital was about 20% lower than what competitors quoted.So far, its been a joy to work with founderpath. If you're a rapidly growing startup I highly encourage you to explore founderpath and see how this non-dilutive capital and help you grow.
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 SaaS Capital alternative.
Take Warrants (Equity)?
Yes, penny warrants
Visit your office in person
Yes, Required diligence
Required every year
Minimum financing requirement?
Must draw at least $1m
Money wired under 24 hours
diligence takes 5-15 weeks
SaaS Companies Funded
Total Financings Completed
MRR Line of Credit
Term Loans, Factoring
$30k Closing Costs and Legal Fees
1-2% "Origination Fee"
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
SaaS Company HQ
US, Canada, UK
Easy to forecast, fixed monthly payments?
SaaS Valuation Calculator
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
Founder and CEO of ZoneReporting & Tactical Connect
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.