How they describe themselves: Lighter Capital is breaking down the barriers to capital for small businesses through the use of technology to automate the lending process, and with revenue-based loans that exchange growth capital today for a fixed percentage of a borrower’s future revenues. Using technology we evaluate and fund companies faster than banks, angels and VCs. Our revenue-based structure is designed to be “lighter” on software and technical services entrepreneurs; it’s flexible, aligns borrowers’ and investors’ interests, and minimizes dilution. Lighter Capital invests $50,000 to $500,000 into companies with revenues of $15,000 per month and up.
How they describe their product/innovation: Lighter Capital has developed the first small business lending platform to integrate CRM data and predict a borrower’s future performance. In addition to automatic integration of accounting and banking data, which provides “rearview mirror” information, Lighter Capital is the first company to seamlessly integrate CRM data to forecast the future performance of small businesses, providing lenders a “windshield” perspective on borrowers. By crunching key sales, opportunity and customer data, Lighter Capital’s technology improves underwriting and borrower monitoring, predicting financial instability months before it shows up in financial statements.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, & licensed
Bus. Dev.: Rob Belcher, VP, firstname.lastname@example.org, 303-870-9529
Press: Jeff Pecor, Tailwind Public Relations, email@example.com, 802-497-1932
Sales: Molly Otter, VP & CIO, firstname.lastname@example.org