Business in Revenue Mode? You May Not Need Bank Loan
SEATTLE ( MainStreet) -- What do bouncy castles, online yoga classes, online medical-solution software, a chocolatier and social media tools have in common? They're all businesses that have been funded through revenue-based financing.
Lighter Capital specializes in revenue-based financing. In just over a year since it launched, the company has done 20 transactions in 14 companies totaling roughly $2 million through its RevenueLoan product. The company mainly invests in software and high-margin, high-growth companies like software firms, but also seasonal businesses.
|A lighter side of capital: revenue-based loans offer an alternative to bank lending.|
Rob Belcher, Lighter Capital's vice president, explains what revenue-based financing is and how to make it work for your company.
How does revenue-based financing work?Belcher: Revenue-based financing is a loan
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