If you are a SaaS founder seeking ways to get cash upfront without dilution with a fixed interest rate and payment schedule, an Element SaaS Finance Fixed Rate Term Loan could be a great option for you.
With a term loan you can expect:
• Fixed monthly payments
• Multiple tranches available to reduce your cost of capital
• An interest only period to help cash flow at the beginning
• Flexible early prepayments
• No equity warrants or personal guarantees.
Here are a few ways customers have leveraged Element SaaS Finance funding:
• Scale Growth
• Invest in resources to execute strategy
• Manage churn
• Deliver new or enhanced products to customers
• Market expansion
• Bolt-on acquisitions
• Bridge loans for specific needs
• Refinance of existing debt
To see a repayment schedule factoring in a 6-month interest only period, get your term loan repayment schedule generated here.