Nlarch13

i've sent founders to all those firms (list of 50+ debt providers and their cost here: https://docs.google.com/spreadsheets/d/17M_zgfNG20Z-cqQ6SqxQ...

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.

working on this now, good catch. site is getting slightly overwhelmed.

in terms of SVB, banks are a great option if you've raised VC. they can usually give you debt at 5-6% interest rates and 0.1-.5% warrant coverage but will only do a deal with you if you are "sponsored"

(meaning you've raised VC).

we're a much better fit for bootstrappers

yeah agree. there will always be big need for VC capital to fund big billion dollar ideas.

we're focused more on helping folks that want to bootstrap a $5-10m business and don't want to give up equity.