We’re excited and honored to have been selected as a finalist in the WTIA’s Annual Awards. We announced our selection in a press release today which I’ve copied below.
Lighter Capital announced today that it has been named a finalist for the Technology Accelerator Award as part of the Washington Technology Association (WTIA)’s 17th annual Industry Achievement Awards (IAA). The awards recognize Washington state companies, organizations and individuals who best demonstrate technology and service innovation and excellence. For more information and to register for the event, visit: www.washingtontechnology.org/IAA
“We’re fortunate to live and work in a state with such a diverse and vibrant technology community, said Susan Sigl, president and CEO of the WTIA. “These finalists represent the most creative and innovative companies and individuals in our industry and deserve the highest congratulations.”
Lighter Capital provides revenue-based financing to small businesses to fund growth in return for a small percentage of future years’ revenues. Lighter Capital and revenue-based financing is intended for early-stage businesses that have established success and are primed for growth, but are cash-constrained and need access to capital with no dilution, no loss of control, and no fixed repayment schedule.
As a pioneer in providing revenue-based loans to startups, Lighter Capital is responsible for bringing the funding application and negotiation process online – enabling applicants to have complete visibility into every aspect of the evaluation process. Additionally, Lighter Capital provides its portfolio companies with access to a unique set of support resources, such as executive counsel and marketing assistance.
“Being recognized by the WTIA is an honor and a tribute to the efforts of the Lighter Capital team,” said Andy Sack, CEO of Lighter Capital. “It’s also a testament to the success of the small businesses we’ve funded not only here in the Pacific Northwest – but around the country. At the end of the day, their success is our success, so we’re happy to share this honor with them.”