The Growth Partner of Choice for Diverse Led Businesses
Founders First Capital Partners was formed to support businesses led by women, people of color, LGBTQ+, military veterans, as well as inclusive teams and businesses located in low to moderate income areas. We provide revenue-based funding and business acceleration advisory support to small businesses.
Preferred Partner Program
Founders First leans on brokers and other referral partners to connect us with diverse business owners who would benefit from our non-dilutive growth capital options. Exclusive partner benefits include:
- Dedicated Relationship Manager to review and discuss referrals.
- Access to complimentary financial coaching assessment for your clients.
- Referrals to other lenders within our network to find a lending solution based on your clients’ needs.
Flexible Funding Options for Your Clients
Revenue-Based Financing is more flexible than traditional bank debt with no equity dilution. Instead of a fixed payment every month, we take a predetermined percentage of revenue. This allows for a smaller payment during slower revenue months, and larger payments in stronger months. For clients who would rather have a set payment every month, there are Term loans available. All loans are based on the growth of the company’s profit margins and strength of recurring revenue, if applicable.
Lending Criteria
- Loan Terms: 1– 5 Years
- Funding amounts from $50K- $2MM ($1M in first tranche)
- A portion of revenues will be paid monthly at a pre-established percentage or fixed amount until the principal and additional fees have been repaid
- Typically 3%-9% of monthly cash receipts
Business Characteristics
- Businesses with revenue of $1MM or higher
- Profitable, break-even or clear path to profitability
- Growing revenues or positive trends
- Recurring contracts and predictable revenue models are a best fit
- Time in business: 24 months minimum
- B2B or B2G model
- Asset light, service-based companies (SaaS, tech-focused or consulting firms, for example)
Ownership Requirements
- Woman owned
- Person of Color owned
- Veteran owned
- LGBTQ+ owned
- Companies located in low-to-moderate income areas
- Companies that have committed to inclusive hiring practices
Initial Underwriting Needs
Last 24 months of monthly financial statements (balance sheet, P/L, cash flow), in Excel
Last 24 months of revenue broken down by customer, in Excel
Debt schedule of outstanding debt, if applicable
Would you like to partner with us?
Join the largest national platform for growing small businesses led by diverse founders.
