SaaS Capital: Won't touch you unless you have $3m in ARR. Yes they can get down to 12% but they also take warrants. We'll start at $250k in ARR, and take no warrants.
SVB: Banks will only lend to software companies if they have VC backing. (yes they lend at cheaper rates)
OnDeck and Kabbage/others are at 25%+ interest rates. Read the terms.
SaaS Capital: Won't touch you unless you have $3m in ARR. Yes they can get down to 12% but they also take warrants. We'll start at $250k in ARR, and take no warrants.
SVB: Banks will only lend to software companies if they have VC backing. (yes they lend at cheaper rates)
OnDeck and Kabbage/others are at 25%+ interest rates. Read the terms.