Venture debt, convertible loans, alternative debt funding: There are traditional forms of debt financing, such as bank loans, but in the past years various alternative debt financing models have emerged for startups. 

Fintech startups specialize in this area, by providing debt capital based on data-driven risk assessments, automated disbursements, and reporting. This type of financing centers on a startup’s individual capital needs, aiming to fulfill them at the most convenient time on a quarterly, monthly, or even daily basis. re:cap also provides this form of alternative debt financing.

Learn more about alternative financing.

Alternative debt funding provides numerous benefits for startups, including:

• Companies secure the liquidity they need in alignment with their business plans.
• Companies avoid diluting their company shares.
• Companies decide on flexible repayment terms.
• The funding does not include any warrants.

re:cap provides alternative debt financing for SaaS and subscription-based companies. With re:cap, those companies secure funding through debt instead of selling shares for equity financing, enabling them to retain ownership of their company. 

The customization of re:cap's funding options allow startups to meet their capital needs precisely when they arise. Since this flexibility is possible on a monthly or daily basis, it prevents overfunding, which otherwise would have implications on the cost of capital and capital efficiency.

• Subscription business model: Your business generates predictable recurring revenue.
• EU-based company: Your legal entities are at least partly located in Germany or the Netherlands.
• Sufficient runway: You have at least six months of runway, or are profitable / close to break even when drawing the funding.

re:cap works as a financing line within which you draw as much funding as you need, whenever you need it. The financing limit will be increased based on the growth of your business and the track record on the re:cap platform.

Based on your business plan, we can provide you with different funding scenarios that help your company get money without risking unnecessary capital costs due to overfunding.

re:cap is adaptable for many different use cases. Our customers use our funding to extend their runway, postpone equity fundraising, accelerate their growth, optimize their cash flow, or finance M&A. 

Check out our case studies to learn more about how to use re:cap.

Once approved, the funding will typically arrive in your bank accounts within two business days.

Our platform allows you to send a request in minutes, and receive funding and growth guidance in days, not months. You can get started in three easy steps:

1. Set up your account and seamlessly connect your financial data sources, including bank accounts, revenue streams, and accounting systems.
2. Get approved by our underwriting, receive your terms, and – if needed – use re:cap guidance where our experts tailor different funding scenarios matching your business plan.
3. Use your financing line as your business needs it.