Lighter Capital Selected to Present at FinovateFall 2013
SEATTLE – July 17, 2013 – Lighter Capital, a pioneer of the revenue-based financing model, today announced that BJ Lackland, CEO of Lighter Capital, has been selected to present at FinovateFall, the leading demo-based conference that showcases cutting-edge banking technology, taking place September 10th and 11th at the Manhattan Center in New York City.
Mr. Lackland will unveil Lighter Capital’s latest technology to automate the evaluation and monitoring of small business loans. His presentation will demonstrate the technology’s seamless access to new and deeply integrated data sources to predict and track borrower performance, enabling Lighter Capital and other long term lenders to qualify loan applicants and monitor existing borrowers with unprecedented insight. By using the technology, lenders can lower underwriting time and costs and be alerted of potential financial instability before a loan default actually occurs. For the borrower this means faster access to lower cost capital.
“Lighter Capital has developed an automated analytics engine for commercial loans that we’re very excited to have launched from the floor of FinovateFall,” said Eric Mattson, CEO of The Finovate Group. “It’s exactly the type of innovative financial technology that we founded Finovate to find and showcase.”
Lighter Capital’s innovative Capital-as-a-ServiceTM platform enables entrepreneurs to fast-track the entire fund raising process and secure up to $500,000 in growth capital for their growing software or services business in an automated fashion.
FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financing technology. Held in NYC, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com/fall2013.
Lighter Capital is the pioneering leader in founder-friendly, non-dilutive financing. Since 2010, we have provided hundreds of millions in funding to over 500 US, Canadian, and Australian tech companies. Founders achieve success on their terms with our tech-enabled financing because it has no hidden fees, equity, warrants, or covenant requirements. The application process takes minutes and requires no pitch deck. Beyond financing, our “more than money” benefits provide founders with access to invaluable connections within the Lighter Capital Community, resources, and product discount opportunities. For more information on Lighter Capital, please visit https://www.lightercapital.com. To apply for non-dilutive financing, please go to https://www.lightercapital.com/apply/.
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