• Not quite ready for a RevenueLoan? Here are some financing options to tide you over

    At Lighter Capital, we like to fund as many companies as possible. But not all businesses are at the right stage for our revenue-based financing model. If you don’t yet have monthly revenues of at least $15K or gross margins over 50%, where can you turn for financing? We’ve listed some options for you to explore below: 

    A traditional bank

    A traditional bank is the best place to start. They will always give you the lowest interest rate available, because they have the lowest …

  • Boost funding from Lighter Capital paves the way for Full Circle CRM

    When’s the right time to bring an equity investor into your business? The answer is simple – when you are in your strongest negotiating position. Unfortunately aligning that moment with the moment you need a capital injection is difficult.

    As you figure out how you are going to fund the next phase of your growth, it’s worth asking the valuation question – how do I get a boost in growth so my company can be more attractive to an equity investor in the future? If you are …

  • Fast cash with high costs: The real interest rate of an OnDeck loan

    The recent news of OnDeck’s IPO filing, and the estimated valuation of $1.5 billion have generated a lot of discussion around alternative small business lending.

    In recent years, online commercial lenders (commonly selling merchant cash advances) have grown in popularity in the small business community. As traditional commercial banks tightened their underwriting standards, following the financial crisis in 2008, online lenders like OnDeck offered fast access to money through an easy …

  • Funding roundtable Q&A: investors share what it takes to raise capital

    Last week, we co-hosted a webinar with VentureBeat, which took a deep dive into the available funding options for technology companies at different stages of growth. The panel featured Lighter Capital’s CEO BJ Lackland, Claire Lee, Silicon Valley Bank’s Head of Early Stage Banking and Erik Benson, Managing Partner of Voyager Capital.  It was a wide-ranging conversation among three leading investment experts about the changing funding landscape and what entrepreneurs should …

  • Feeling good! Lighter Capital invests $500K in Good Done Great

    We’re happy to extend $500K growth funding to Good Done Great, a corporate philanthropy platform provider that’s headquartered in Charleston, SC and have offices in Tacoma, WA. 

    The founders of the company, David and Earl knew each other from a previous start-up and decided to start Good Done Great in 2009. 

    “We decided to work on improving the world of giving and move it all online to make it easier. It’s all about companies participating more in their …

  • 6 questions VCs ask themselves before they invest

    Recently, I attended a VC panel discussion, along with tech entrepreneurs who had gathered at the Impact HUB in Seattle to hear from three prominent local investors on what they look for before funding a startup. This was organized as part of Seattle startup week, and the panel speakers included Chris DeVore, General Partner of Founders Co-op, Gary Rubens, an Angel Investor and founder of Start it Labs, and Greg Gottesman, Managing Director of Madrona Venture Group.  

    The discussion gave …

  • 6Qube secures $100k in financing from Lighter Capital in just 19 days

    We are very excited to bring on 6Qube as our newest client, an Internet marketing firm based in Austin Texas. We’re also excited about how fast we were able to make it happen. From submitting the application to getting funding, the process took less than three weeks. 

    At Lighter Capital, we’re committed to providing a fast and easy funding experience, because we know as entrepreneurs, you prefer to spend time growing your business instead of fundraising. 

    Since 2009, 6 …

  • Capital raising catastrophes: A story of five Ps and one big D

    It can be incredibly difficult to raise capital, even if your startup is solid and growing. In a best-case scenario, you secure financing after a marathon slog of wooing investors or banks. But more likely, your best efforts will leave you empty-handed, though you have concrete numbers to back up your business case. The reality is that competition for funding is intense, and few people succeed in securing either venture capital or, perhaps more surprisingly, traditional bank loans.  

    Here …

  • How to pick high-quality angel investors: five things to look for

    Angel investment can be a useful and indispensable financing option during the very early stages of starting up your company. But be aware: not all angel investors are the same. The range of quality among angel investors is massive—and can massively impact your company. Lighter Capital is often the first source of institutional financing after angel investments and boot-strapping and we have worked with many entrepreneurs who didn’t always get what they bargained for from their …

  • Our session at Dreamforce highlights funding options for ISVs (Independent Software Vendor)

    Reporting some Dreamforce actions...

    Yesterday, Molly Otter, our Chief Investment Officer gave an overview of funding options for Salesforce independent service providers (ISVs), and introduced revenue-based financing (RBF) as a funding product for companies looking to grow rapidly. She was joined on stage by our client John Stewart, CEO of Cloudbilt, which recently landed a spot on the Inc. 500 list of America’s fastest growing private companies. Their rapid growth was supported by $1 …