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October 31, 2023

Issue 03: re:cap and HSBC launch new long-term funding product

re:cap and HSBC launch new long-term funding product

It’s time for a new era of debt financing. Funding products should be built to fulfill the capital needs of tech companies with recurring revenues. That’s why we’re launching a new long-term funding product with HSBC Innovation Banking today!

With our new funding product, you can:

  1. access up to €5m of funding initially and increase the amount over time.
  2. set up payback horizons of up to 5 years.
  3. customize your company’s grace period to extend its runway.
  4. build funding scenarios based on your business plan to avoid overfunding and excessive capital costs.
  5. get funding that matches your current needs and adjust if things change.  

In the last two years, equity funding has seen a downturn. Particularly, tech companies at a later stage are affected. They’ve started examining alternatives. Today, debt has become a valid option to reach business goals – whether it’s becoming profitable, raising an optimal equity round, or M&A.  

However, most available debt products don’t solve the most pressing problems. They are stuck in unfitting debt commitments. But if businesses change, funding should too. With re:cap, tech companies can access customizable, long-term funding and stay flexible.  

Our new debt product is still non-dilutive. There are still no warrants or personal guarantees. And it’s the most tailored financing solution tech companies can access. It’s long-lasting and adjustable to every step of a company’s journey.

Click here for more information.

What we've been up to

re:cap referral program

Do you know a growing B2B business with funding needs? Submit your referral and get up to €3,000 or a 1% discount on your financing fee for your next draw. Get all information.

Case Study: Event Inc Group

The 75/25 split: Do you want to learn how Hamburg-based Event Inc Group grows its business through M&A by combining a traditional bank loan and re:cap's alternative debt funding? Read the case study.

Article: Non-dilutive funding

Why has non-dilutive funding become such a viable option for startups in recent years and how does this affect venture capital? We dive into the topic in our latest article. I want to read the article.