We live in a hyper-connected and fast-twitch world, so why does it seem that funding your growing tech business happens at the speed of clunky typewriters?
In our daily lives, delay can be annoying and frustrating. But for entrepreneurs who are out hustling to land business deals, waiting months to receive funding can mean the difference between hockey-stick growth and failure.
When Speed Matters
horribly slow, inefficient, and distracting process. You can easily spend six, nine, or twelve months working your personal networks, having coffee meetings, making presentations, and undergoing due diligence in pursuit of an investor — by which time any number of opportunities have whizzed by and disappeared.
Business today waits for no one. You want to boost your sales and marketing to capitalize on a recent win or growth spurt. Or a competitive shift means you need to update your product offering now. Or a client you have been courting is finally ready to sign on the dotted line — but only after your product is customized to their needs. As an entrepreneur, you encounter these time-sensitive opportunities all the time.
Getting companies funded faster so they can respond to more opportunities is one of the ways Lighter Capital is seeking to change small business financing. Our fast funding cycles help you respond quickly and decisively to opportunities to grow your business. And because funding is fast, you are not missing out on lucrative business deals because you are busy chasing capital.
A Lighter Process
Our funding process starts with an easy online application form that can be filled out in 10 minutes. If your company is a good fit and you qualify, we will contact you, to gather more detailed financial information and then spend some time talking to you about your business and your funding needs. If all goes well, you’re funded in a month and back to focusing on your business.
The paperwork is online, streamlined, and minimal compared to obtaining financing at a bank or securing venture capital. Some of the documents you will need to provide include:
P&L and balance sheet
Last three months of bank statements
Customer list and sales pipeline information
Team verification and references
Being well-prepared and organized will help you get funded faster — it allows us to efficiently determine for which amount you qualify. At the same time, there’s no need to wait to apply until you have all the documents you think you need. We will provide you with a checklist of everything you will need to move the process forward as quickly as possible.
We really do try to make it easier and lighter for you to get funded. So try our short online application and find out for yourself.
Seeking Growth Capital to Take Your Business to the Next Level?
The loan payments are tied to monthly revenue, going up for strong-revenue months and down for low-revenue months. Visit here to see how it works, and if you like what you see, apply for funding today to connect with our investment team!