FOR FOUNDERS BY FOUNDERS
Bridge Your Spring Cash Flow Gap and Keep Your Momentum
We understand the seasonal cash flow struggles of EdTech companies. With our non-dilutive funding solutions, you can access up to $5M to hire sales staff and onboard implementation teams ahead of the school year—all without giving up equity.
Your Next Chapter Starts Here
Boost your capital IQ and start accelerating your growth today.
California financing is made or arranged pursuant to California Finance Lender License No. 60DBO-
117697 issued to Novel Growth Partners California Investments, LLC.
2024 ©Novel Capital. All Rights Reserved.
Knowing Better, Growing Faster
Our Upfront Capitalâ„¢ product is designed for B2B SaaS and tech companies with the following financial characteristics:
- Minimum $350k revenue and targeting profitability
- 10%+ YoY revenue growth
- Predictable revenue
- Seeking at least $100k in funding
One of the advantages of our financing is that it is very flexible and useful across many stages of a company’s growth.
Novel’s funding is a great fit whether you’re a bootstrapped company, have prior angel or VC investment, are looking to bridge to a round, or want to include it as part of your current fundraise.
At Novel Capital, we work with founders who are seeking capital targeted at accelerating revenue growth or supporting working capital needs, rather than strictly for R&D.
We may provide a committed capital line up to 40% of your annual revenue.
We provide entrepreneurs between $100k and $5m to fuel their growth. Additional capital is easily unlocked as your company continues to grow.
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 who have provided you capital. Your company and IP are never at risk with Novel.
While companies that have MRR and ARR fit our model well, it is not a requirement for our financing. We work well with companies that have both recurring and one-time revenues.
We know you have better things to do than spend months fundraising. You can receive capital in-hand within 30 days of your completed application.
Growth Capital Tailored for EdTech Companies
We Know EdTech
As former EdTech founders, we understand school budgets, board approvals, and long payment cycles. That’s why we’ve built a capital product that addresses your needs, so you can focus on growing your company without worrying about these challenges.
Full Flexibility and Control Over Costs
Lock in a 12-month committed line of capital. Draw when you need it and only pay for what you draw. Get lots of cash in Q3, no problem prepay with no penalties.
Trust Starts With Transparency
With Novel, there are never any hidden fees or complex deal terms. No warrants, no dilution, and no risk to you or your investors. Our costs are upfront and transparent.
Funding That Moves as Fast as You Do
Apply through our secure funding platform, get a quote in 48 hours, and access up to $5M in 30 days.
Flexible Capital for Growth
3- to 24-month payment terms. No prepayment penalties.
Pay as You Grow
Draw what you need. Only pay for what you use.
Clear Repayment Terms
Fixed monthly payments. No surprises.
No Equity Loss
No warrants. Keep full ownership of your business.
Upfront Capital is flexible to support your needs
Built for growing SaaS
Trusted by 150+ businesses for their growth
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