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Lighter Capital’s RevenueLoan: Where Entrepreneurs Fund Entrepreneurs

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Later this morning, Lighter Capital demonstrated its lending platform with a social twist:

“RevenueLoan is our light-weight and flexible financing option that fits an unmet need in the small business funding market. Our revenue-based finance model exchanges growth capital for a fixed percentage of a company’s revenues. 

Entrepreneurs prefer this as there’s no dilution, no loss of control, and no fixed repayment schedule. For us, this provides a more scalable funding strategy as we have more consistent of repayment than venture investors while achieving higher rates of returns than banks. We’re also the first small business lender to build a company’s social media and web presence directly into our loan evaluation process.”

Product Launched: August 9, 2011 

HQ Location: Seattle, WA 
Company Founded: June 2010 
Metrics: Funding raised to date: $6 million, Number of employees: 10, Number of financings to date: 10, Total $ value of financings to date: $1.4 million+
Presenting Andy Sack (Founder & CEO) & Randall Lucas (Principal & VP Finance)

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