Funding growth in a tight VC market

Funding growth in a tight VC market
Hi everyone,
I'm new to the community. As a former serial founder of Saas companies, a former VC and now a provider of non-dilutive revenue-based funding, I'd love to help you with your strategy for funding growth this year.

I'm curious how many of you are looking at debt/non-dilutive funding and how many of you have been successful with securing equity term sheets in this environment. Do you have strategies/tips to share? Do you have questions you'd like for the rest of us to weigh in on?

-- Leah (Investment Director at Lighter Capital)

Leah Edwards
Funding growth in a tight VC market
Hi everyone,
I'm new to the community. As a former serial founder of Saas companies, a former VC and now a provider of non-dilutive revenue-based funding, I'd love to help you with your strategy for funding growth this year.

I'm curious how many of you are looking at debt/non-dilutive funding and how many of you have been successful with securing equity term sheets in this environment. Do you have strategies/tips to share? Do you have questions you'd like for the rest of us to weigh in on?

-- Leah (Investment Director at Lighter Capital)


Andy Karuza
Mar 1, 2023
Hi Leah,

Great question! If you'd like, please add your LinkedIn to your NachoNacho profile and it will show up next to your name, allowing new prospects to connect with you over on your professional profile as well.

I personally know quite a few CPG companies that would be interested in non-dilutive revenue-based funding. Do you guys also do inventory loans? In my experience having been the CEO of a CPG B2C company, it's always best if the company can bring some sort of retail contracts and other collateral to the offer to get lower rates. I think a lot of the community here and others in my network would love to learn more about what criteria needs to be met in order to work with you.
Leah Edwards
Mar 1, 2023
Hi Andrew, I know a number of brokers and other lenders, so I can help with introductions for factoring of receivables, inventory loans, etc.

Lighter Capital provides unsecured funding that is based on high-gross-margin revenues -- no collateral -- no personal guarantees. Because we are betting on revenue growth, we need predictable revenue, which is often a saas subscription or other recurring (annual/monthly contract) revenue. And due to needing predictable revenue, we fund more B2B companies than B2C. But we can fund some B2C companies.
Andy Karuza
Mar 2, 2023
That sounds like a pretty good deal considering the alternatives a lot of companies come across. Have you talked to the NachoNacho partnership team about getting listed in the partnership section with this offer?
Leah Edwards
Mar 2, 2023
We are a partner and provide a 10% discount on financing to the NachoNacho community. And anyone can set up a consultation with me. I'm a teacher at heart (teach at Cal and Stanford) and am happy to discuss all funding options with any founder.
F
Aug 22, 2023
Navigating a tight VC market is always challenging. We've found that focusing on organic growth, optimizing operations, and building strong relationships can help create sustainable funding pathways.
Leah Edwards
Jul 27, 2023
Hi everyone, I was pleased to speak on the NachoTuesday webinar last week. https://www.youtube.com/watch?v=m_2C7i0eN0o If you have any questions about how to consider the tradeoff's between equity funding and loans, please let me know. Or if you have been taking Merchant Cash Advances (and please don't ever if you haven't started doing that), I'd be happy to help you calculate your true cost of capital.
J
Mar 20, 2024
Hey Leah I am also new to the community welcome and thank you for this post!
B
Aug 22, 2023
Hey Leah,

We just joined the NachoNacho marketplace. It would be great to meet you and learn more about Lighter Capital to see if there is an opportunity to work together.

My email is brendan@retrievables.com

Thanks!

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