Debt for a growing SAS ML/AI company

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August 07, 2020

by a searcher from Stanford University - Graduate School of Business in Cupertino, CA, USA

Hi there,

I'm looking at raising debt for a ML-SAS company with a track record of operating profits, double digit $mn ARR and strong growth. I'd love to hear any recommendations on lenders/platforms best suited for this. Thanks!

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Reply by a searcher
from Stanford University in San Francisco, CA, USA
Depending on what you plan to use debt for. If for growth instead of raising equity, factoring, rbf, or sea from specialty lenders like timia and lighter are most appropriate. They won’t do lbo financing - most traditional abl lenders will not either (not much of an asset to collateralize)
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Reply by an investor
from University of Pennsylvania in Washington, DC, USA
Riverside Acceleration is another (works similar to SaaS debt, part of the multi-billion dollar Riverside PE group) - https://riverside.ac/
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