Why B2B companies choose Novel Capital?
- Simple, transparent pricing
- Patient repayment timelines
- No risk to you or your IP
- You only pay for what you take
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Revenue-based financing (RBF), sometimes referred to as royalty-based financing, is non-dilutive capital funding provided based on a company’s monthly reoccurring revenue. With RBF, investors give a lump sum of capital in exchange for a fixed percentage of monthly revenue. Capital is returned to investors by paying the monthly royalty up to a predetermined return cap.
We can generally provide capital up to 30% of the value of your annual revenue. Generally we invest anywhere between $100k to $1m in an initial check and can provide up to $5M to fuel your growth.
Our revenue-based financing is designed for software companies with the following financial characteristics:
● Minimum $500k revenue + targeting profitability
● 30%+ YoY revenue growth
● Predictable revenue
One of the advantages of RBF is that it is very flexible and useful across many stages of a company. On top of these financial characteristics, you can be a great fit for RBF whether you’re a bootstrapped company, have prior angel or VC investment, are looking for a bridge round, or are working to wrap up your current fundraise. Finally, at Novel Capital, we prefer to work with founders who value operational help, and who are seeking capital targeted to accelerate revenue growth, rather than R&D.
We know you have better things to do than spend months fundraising. From an introductory call to wiring of funds, our process takes less than 30 days.
Our process is transparent and simple, there are no personal guarantees, covenants or warrants required. Unlike venture debt, we don’t require the companies we invest in to be venture-backed. You can continue to get capital on-demand as you continue to grow.
We also understand that you may have other investors that have provided you capital. We will not take over your company or its IP, if things don’t go well.
While companies that have MRR and ARR fit our model well, it is not a requirement to our financing. We work well with companies that have recurring and one-time revenues.
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Make the Right Choice with Novel
Flexible Repayment
Fee Amortization
Committed Facilities
Payment Cap
Fixed Payment Timeline
No incentives for early payoff
Uncommitted Facilities
Discount rates (Less Capital In Hand)
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Why Choose Us?
We know Founders
Work with someone who understands the funding process and can help you solve your growth challenges. No dilution or risk to you or your investors.
Costs are under your control
Lock in a 12-month committed line of capital. Draw when you need it and only pay on what you draw.
Trust starts with transparency
With Novel, there’s never any hidden fees or complex deal terms. Our cost of capital upfront and transparent.
Funding that moves as fast as you do
Apply through our secure funding platform and get up to $5M to accelerate your growth in 10 days or less.
GET FUNDING“Fantastic company to work with for growth capital. We originally worked
with [COMPETITOR] and the process was extremely long, funding was through third party sources and the deal wasn't as good. These guys locked the deal down in a week and got us the cash we need.”
Braden DiCristofano
CEO, Launch Fulfillment
3 Steps to Accelerate Your Growth
1. Sign-Up & Sync Your Data
GET STARTEDSecurely connect your tools to our platform, giving us read-only access
Complete the application and you’ll receive a terms sheet.
Once you accept the terms, capital is delivered in as little as 10 days.
Hire staff to support implementations
Smooth seasonal cashflow
Accelerate sales and marketing initiatives
Bridge between equity rounds
SaaS-Focused Growth Capital
6701 W 64th Street, Suite 300
Overland Park, KS 66202
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Since 2021, Novel Capital has helped B2B SaaS Founders access growth capital to fuel their most important initiatives.
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