Now live: Capital AI, your financial sparring partner
Growth, an acquisition, working capital: each one points to a different kind of debt. We tell you which of them your business can actually get, and what it would cost.
Money to grow faster than your own cash flow allows: hiring, marketing, new markets, capacity.
Useful when you already know what you would spend it on, and what it should return. The alternative is the same investment, made later, once the business has earned it.
Money against value you have already created but cannot yet spend: invoices issued and not paid, stock bought and not sold.
Useful when the business is healthy and the cash is simply in the wrong place. You borrow against something that already exists rather than against a forecast.
Borrowing to fund part of the price when you buy another business. How it is structured depends on what you are buying and why.
Where the target generates cash of its own, that cash can service part of the debt, so the question becomes how much of the price the target can carry rather than how much you can fund yourself.
You already have a facility. It is maturing, or it was priced when your numbers looked different, or there are several of them and you would rather run one.
Whether it can be replaced at all is a real question if the numbers have moved the wrong way. Whether the business now supports better terms is the more interesting one, and worth knowing before you go back to the lender you already have.
A growth facility maturing in nine months
A working capital facility priced before your margins improved
An acquisition facility from a deal that has since paid off
Several facilities you would rather run as one
Start with your website. You'll see which debt facility fits and how much you could get.
Didn’t find an answer? Talk to us.
It depends on what you are funding and who funds it. Working capital is priced differently from a growth facility, two providers can look at the same company and land in different places, and your stage, your numbers and the structure all move it.
For an indicative cost on each option that is actually in range, start with capital readiness.
Size and complexity. The fast track gets you up to €300k in about a week: connect your bank and accounting data, we assess it, and you draw a single tranche. No business plan, no term sheet, no full diligence.
The tailored track covers larger amounts and anything that has to be shaped around your situation. It adds invoice-level data and a financing plan we build with you, can run across several tranches where that suits the business, and pays out from about three weeks.
Yes. Start with up to €300k on the fast track and move to the tailored track when you need more. Your data carries over, so nothing you did on the fast track is wasted.
On the fast track you draw a single tranche of up to €300k. On the tailored track the facility follows a financing plan we build with you and can run across several tranches where that suits the business, and the plan can be adjusted during the term.
Where you start does not lock you in. You can move from the fast track to the tailored track later, and your data carries over.
Debt does not take equity. What varies is what sits around it: some providers ask for warrants, which are a share of the upside rather than security, and some ask for a personal guarantee. For many companies neither applies.
Capital readiness tells you which options in range come with what.
It depends on the provider and on what you are funding. A pledge on receivables is the most common form. Some providers ask for more, such as a personal guarantee or a pledge over your bank accounts, and others ask for less.
For many companies, financing with no personal guarantee and no warrants is one of the options in range. Capital readiness tells you what each option in range would expect from you, before you apply to any of them.
We fund companies that meet these criteria:
It depends on your track. These are typical timings: both tracks can run faster, and more individual cases run longer.
Fast track
Tailored track
If you are not profitable, expect to need cash and binding liquidity commitments covering at least six times your recent monthly burn, measured on a three or six month average.
The exact method varies by provider: what counts as cash, which commitments count, and over how many months burn is averaged.
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