Term Loans Designed for Your Growing Diverse-Led Business
Gain access to working capital and grow your B2B company without giving up equity. Founders First Capital Partners now offers another revenue-based financial product to help you get an infusion of capital: with fixed terms so there’s no guesswork on your monthly payment.
Term loans are ideal for businesses with annual revenues of at least $500,000 looking for an alternative finance option when traditional bank lending options may be unavailable or you don’t want to pay the high cost associated with quick cash loans.
Revenue-Based Financing Comparison
|Term Loans||Revenue-Based Financing|
|Minimum Qualifications||B2B or B2B2C companies with at least $500,000 in gross annual revenues||B2B or B2B2C companies with at least $500,000 in gross annual revenues|
|Payment Model||Fixed monthly payments for the duration of the term||Variable payments based on monthly gross cash receipts|
|Revenue Model||Companies with recurring or predictable revenue||Companies with recurring or predictable revenue|
|Repayment Period||12 months - 5 years||2-5 years|
|Available Funding||$50,000 to $2 million with possible follow-on fundings||$50,000 to $2 million with possible follow-on fundings|
|Equity Share or Warrants||None required||None required|
Is Founders First Financing Right for You?
Term loans from Founders First Capital Partners are ideal for growing small-to-medium sized businesses that are service-based.
Business to Business
Company should provide products or services to other businesses (B2B or B2B2C).
Businesses with annual revenue of $500k-$10M are the best fit for financing with us.
Path to Profitability
You are profitable, have a clear path to profitability or projected growth.
You have repeatable customer contracts or predictable revenues in place.
The Fundraising Conundrum
There are a lot of options when it comes to getting an infusion of capital for your business.
Revenue-based financing and term loans are non-dilutive, and the interest rate is significantly lower than an MCA loan or so-called quick cash options.
MCAs or quick cash loans can be approved in a few hours but you are trading speed for a high interest rate.
Bank and SBA funds have low approval rates, require a lot of paperwork to get started and the process is slow.
You give up a stake in your company with venture capitalists and the probability of getting VC funding you is low.