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Podcast: The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders
Episode: Venture Capital SaaS Alternative: $50K-$3M With No Equity
Description: Most SaaS founders think startup funding means choosing between giving up equity to VCs or putting up personal guarantees for a bank loan. There is a third option - and it is a real venture capital SaaS alternative. In this episode, BJ Lackland, CEO of Lighter Capital, explains how revenue-based financing works, why 318 SaaS companies have used it to raise over $155 million, and how founders can close in as little as two weeks.
Lighter Capital provides $50K to $3M in non-dilutive capital with repayment set at roughly 5% of monthly revenue until 1.4x the principal is paid back...