No equity dilution, just growth on your terms.
A simple, transparent process with flexible repayment terms.
FOR FOUNDERS BY FOUNDERS
Our Upfront Capital™ product is designed for B2B SaaS and tech companies with the following financial characteristics:
One of the advantages of our financing is that it is very flexible and useful across many stages of a company.
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 as a part of your current fundraise.
At Novel Capital, we work with founders who are seeking capital targeted to accelerate revenue growth or support working capital needs, rather than strictly 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 that 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 to our financing. We work well with companies that have recurring and one-time revenues.
We know you have better things to do than spend months fundraising. You can receive capital in-hand within 10 days of your completed application.
Growth Capital Designed Exclusively for B2B SaaS
We know SaaS Founders
Work with someone who understands SaaS fundraising and can help you solve your growth challenges.
Full flexibility and control over costs
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 are never any hidden fees or complex deal terms. No dilution or 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 get up to $5M in 30 days.
Flexible Capital for Growth
3-to-24-month payment terms. No pre-payment 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.
Built for growing SaaS