Lighter Capital was created to address the needs of business owners with a new form of growth funding.
Instead of lending money at fixed rates, Lighter Capital offers loans in exchange for a percentage of future revenues. So payments start small, and only increase as the company is able to grow revenues. Lighter Capital invests $50,000 to $500,000 in growing tech-based companies.
Investment qualifications:
- Annual revenue > $200k
- Gross margin >50%
- SaaS, ISV, or Tech focused
Advantages of a Lighter Capital investment:
- No dilution, no loss of control
- Fast access to capital ~ 1 month
- Flexible payments
This approach, called revenue based finance, is common in the mining and entertainment industries, and now Lighter Capital is applying it to the needs of tech-based companies