Top 20 Revenue Based Financing Companies To Contact in 2023
Did you know the Revenue-Based Financing (RBF) market is forecasted to be worth over $42 billion by 2027?
With that much money flowing, there are bound to be a lot of options. Within those, there are going to be certain companies you want to work with and others you want to avoid. I’ve put together a list of 20 revenue-based financing companies that are worth checking out so you don’t have to learn who’s reputable the hard way.
Why Use Revenue-Based Financing?
Revenue-based financing is specifically designed for small or growing businesses and entrepreneurs that don’t want to give away their equity. Instead, investors inject capital into the business in exchange for a fixed percentage of ongoing gross revenues (with a total gain cap). Payments to investors increase or decrease based on how well the business is doing and are typically paid out monthly.
Benefits of using RBF versus other financing options include:
- Retain all your equity
- Less financial risks since payments fluctuate with your revenue
- More accessible financing option
Revenue-Based Financing vs. Bank Loans
Traditional bank loans require you a personal guarantee, which has to be paid back via a flat monthly fee. Unlike RBF, the amount you have to pay back is static and doesn’t account for your organization’s financial performance. Generated less monthly revenue than normal? You’ll still have to pay the monthly fee — even if it’s more than you made.
Bank loans also require you to make several pitches if you’re looking for growth capital or startup funding. This can end up being a time waster if you get denied for funding anyway. RBF is a faster, more secure financing method.
Revenue-Based Financing vs. Venture Capital
Connecting with venture capital firms is an option, but it comes with some caveats. Notably, you’ll still need to pitch your business to investors, plus, you’ll be giving up some of your own equity and decision-making abilities in your company. RBF, on the other hand, allows you to retain all of your company’s equity while still receiving the funding you need to grow.
20 Revenue-Based Financing Companies
There are countless revenue-based financing companies that you could choose for your financing needs, but an untargeted list poses more questions than answers:
- Who offers the best terms?
- Who funds in my area?
- Who deals with my sector?
- Who can offer the amount of funding I need?
It can feel overwhelming, which is why I did the work for you.
If you’re looking to go the RBF route, I’ve put together a list of 20 options below with detailed information. It’s not an exhaustive list, but it will make your research efforts easier.
PS: there are a lot of European companies on this list. If you’re interested in only American options, ctrl+F this page and search “U.S.”.
1. Clearco
Based in: Canada
Sector: e-commerce businesses, SaaS, Mobile apps
Check Size: $10K to $20 million
Since being founded in 2015, Clearco has provided capital totaling more than $698 million for companies in e-commerce, SaaS, and mobile apps. You can be approved in as little as 24 hours for a custom amount upwards of $10K. The amount you’re approved for will depend on your total revenue for the last six months, which you’ll be asked to prove by connecting to your store account.
Notably, Clearco has provided Tushy, a bidet manufacturer, with $1.5M in funding since 2021.
2. Re:cap
Based in: Germany
Sector: European businesses, SaaS, software
Check Size: VariesFounded in 2021, this Germany-based RBF company focuses solely on firms that offer subscription-based services and are at least six months old. Funding varies based on your company’s unique needs and current total monthly revenue. Re:cap has funded over $128 million and offers a fixed interest rate on repayments, so you know exactly how much you’ll be paying back at contract signing.
3. Viceversa
Based in: Italy
Sector: SaaS, e-commerce businesses, online retailers
Check Size: €10K to €5 million
Viceversa funds businesses all over Europe and allows you to track some of their internal insights for free, even before you get your funding. Funding is provided in euros and ranges upwards of €10K. You’ll know how much funding you’re able to receive within three days of your application. The company prefers subscription-based business models with recurring revenue streams.
4. Ritmo
Based in: Spain
Sector: e-commerce businesses, SaaS companies, game development, direct-to-consumer
Check Size: £50k to £3 million
Ritmo provides an entire financial platform for e-commerce businesses, not just startup funding or growth capital. You can also track and finance your invoices, manage different currencies, and buy inventory on loan. Just like most other RBF lenders, there aren’t any personal guarantees on the funding amount you’ll receive since it’s based on your company’s recent revenue.
The cool thing about Ritmo is that it funds app and game development companies, which isn’t something many others do. If you’re a development company hoping to get funding, consider launching a game (or app) in beta ahead of time. Then, you can present information on how popular your beta launch was, which may help increase your eligibility and funding amount.
5. Karmen
Based in: France
Sector: e-commerce businesses, SaaS, businesses with monthly recurring revenue
Check Size: Up to €5 million
You could have your funding in as little as 48 hours if you go with France-based RBF, Karmen. An easy-to-use form will help determine your eligibility for revenue-based financing, and then you’ll need to connect your accounts to their platform. Be aware that you’ll need to generate at least €10K (around $11.25K) in monthly revenue to qualify.
6. Wayflyer
Based in: Ireland; U.S.; U.K.; Australia; Spain; New Zealand; Belgium; Sweden; The Netherlands
Sector: startups, e-commerce businesses
Check Size: $10K to $20 million
Wayflyer is an Irish company that’s a huge player in the RBF market, having provided more than $2 billion in funding to e-commerce businesses already.
Plus, they have great reviews, which is always a good sign. According to their website, 98% of their customers would recommend them to a friend.
7. Outfund
Based in: U.K.; U.S.; Australia; Spain
Sector: e-commerce businesses, B2B, SaaS, mobile apps
Check Size: £10K to £2 million
Founded in 2017, Outfund has raised more than $37 million for companies across the globe. According to their website, they convert future revenue streams into upfront capital. You can expect funding within 48 hours of your application being reviewed, and you won’t be required to make a monthly payment. You’ll pay back the funds as you grow and make sales, which is something any entrepreneurial business owner can appreciate.
8. Silvr
Based in: France; Germany
Sector: SaaS, marketplaces, direct-to-consumer, e-commerce businesses
Check Size: €10K to €10 million
Silvr provides your company with “next-gen” financing that you can use to invest in technology, marketing, or inventory. This RBF lender has an online application process with an instant eligibility check, so you can get an answer right away. Once approved, funding transfers take about 48 hours.
One great thing about Silvr is that they’ve funded companies in a range of sectors, whereas many other RBF lenders focus on a few specifically. Previous funding projects have been in the automobile, rental, beauty, retail, e-commerce, marketing, SaaS, and fashion sectors, among others. To qualify, you’ll need to prove a minimum revenue gain of €10K monthly.
9. Uncapped
Based in: U.K.
Sector: SaaS, e-commerce businesses, direct-to-consumer, subscription-based businesses
Check Size: €50K to €10 million
Uncapped was established in 2019 and backed by $26 million in financing from Mouro Capital. Although they offer revenue-based financing, Uncapped differs from similar companies in that they also offer additional funding options. Fees start at only 2%, and you can receive an offer as fast as 24 hours. Dynamic funding plans allow you to access additional capital as your business grows, so Uncapped could be a long-term partner in increasing your profitability.
10. Liberis
Based in: U.K.; Finland; Sweden; U.S.
Sector: Uncertain
Check Size: £1K to £1 million
Liberis doesn’t appear to work within a given sector, or if they do, it isn’t made public on their website. But what is made apparent on their website is that they’re a major player in the revenue-based financing market, having delivered over $1 billion to customers through more than 45,000 deals. Bespoke offers are tailored to your business and provide you with options that work right for you.
11. Pipe
Based in: U.S.
Sector: SaaS, direct-to-consumer, service companies
Check Size: $50K to $100 million
Pipe doesn’t consider itself a lender in any aspect. Instead, the company considers itself a trading platform where trading limits are set based on your expected future revenue and cash flow. They provide funding to SaaS companies but also to sectors that aren’t usually funded, like media and entertainment companies.
The one downside to Pipe is that it requires you to create an account before you can even access the site. This can potentially be offputting when compared to other revenue-based financing platforms that allow you to access their sites without providing any of your information.
12. Myos
Based in: Germany
Sector: SaaS, e-commerce businesses, subscription-based, direct-to-consumer, mobile apps
Check Size: £100K to £2.5 million
Myos operates using an AI-based risk assessment algorithm that makes decisions based on the market position of your online products. AI uses online information from major retailers like Google and Amazon to determine market position.
To be eligible, your company has to be at least six months old and have an office registered in the EU or UK. Thanks to their AI algorithm, you receive an answer on your funding eligibility much faster than similar companies.
13. Capchase
Based in: U.S.
Sector: B2B, SaaS, subscription-based
Check Size: $45K to $3 million
Capchase only funds American companies with at least $1 million in annual recurring revenue (ARR). Companies also have to be at least eight months old, so the eligibility requirements to use this RBF provider are steep. However, they’re willing to fund up to 60% of your annual revenue if you qualify, and you can access the non-dilutive capital in as little as 48 hours.
Capchase funding provides you access to a team of growth advisors that can provide insights into your company’s health. Growth advisors are intended to help scale your ARR and create flexible funding terms for you.
14. Vitt
Based in: U.K.; Germany
Sector: SaaS
Check Size: €1K to €100K
Founded in 2021, Vitt only provides funding to SaaS companies located in either Germany or the U.K.
According to their website, you can sign up in minutes and “get your cash in seconds.” Funding amounts are determined by your monthly recurring revenue (MRR), and you’re eligible to receive up to 100% of that. If your company has an MRR of €50,000, then you can receive that total amount and get flexible payback terms based on a percentage of your profits.
15. Kapitus
Based in: U.S.
Sector: All
Check Size: $10K+
Kapitus requires little documentation because they rely almost exclusively on your company’s sales history. To be eligible, you’ll need a minimum personal credit score of 575 and a business that’s been operating for at least a year with a minimum of $10,000 in monthly sales. But, unlike other providers, Kapitus doesn’t exclude or focus on any specific sector. Once you’re approved, the funds can be in your bank in as little as 24 hours.
Kapitus is a large financial institution that offers other funding types in the small event you don’t qualify for RBF. Among their offerings are business loans, equipment financing, healthcare financing, lines of credit, and small business loans.
16. Braavo
Based in: U.S.
Sector: mobile apps
Check Size: Unknown
Braavo is designed specifically for companies that design mobile apps and they offer an add-on analytics feature you can use to help track performance and identify growth opportunities. They offer quick, non-dilutive funding options that can help your app business grow.
Braavo doesn’t offer detailed information on how they decide funding amounts or how much you can receive. Although information on Braavo was challenging to find, it deserves a spot on this list because of its all-star list of previous customers. Apps funded through this RBF provider include Better Me, Coffee Meets Bagel, Blinkist, and Ten Percent Happier.
17. Levenue
Based in: European Union; U.K.
Sector: subscription-based businesses
Check Size: Unknown
Levenue is a fintech company that supplies funding to subscription-based businesses headquartered in the E.U. or U.K. with historic payment data dating back at least six months. So far, Levenue has invested in over 350 subscription-based SaaS companies.
Although Levenue didn’t list any specific minimum or maximum funding amounts, they do state that they fund an average of €200K per client. Funding amounts are based on your company’s MRR, and the platform integrates with more than 100 other business apps and programs.
18. Founderpath
Based in: U.S.; Canada; South America; Europe; Asia
Sector: SaaS
Check Size: Varies
According to their website, Founderpath’s fastest funding was 23 hours from signup to money wiring, while their longest deal took nine days. Either way, funds are received quickly after approval. This RBF company also has a unique setup on how funds are distributed. You can choose from three options, with the last two costing monthly fees but providing more revenue.
If your company generates a lot of revenue, it may be worthwhile to consider the Pro option, which costs $250 monthly. You can receive 50% of your revenue upfront (versus 30% with the free option). For example, let’s say your SaaS company generates $100,000 monthly. The pro option allows you to access $50,000 upfront instead of $30,000. Factoring in the $250 monthly, you’ll pay $3,000 a year for access to $20,000 more in cash flow.
19. Valerian
Based in: U.K.
Sector: e-commerce businesses; subscription services; SaaS; marketplaces; mobile apps
Check Size: Unknown
You’ll need sales that have increased for at least six months and remained above €5K monthly to qualify. Valerian prefers customers who have recurring expenditures like inventory, payroll, and customer acquisition.
Valerian is one of the few companies that use AI-based algorithms to determine your eligibility and the funding you’re approved for. These AI capabilities are intertwined with financial support features that growing companies in the United Kingdom will find useful.
20. Unlimitd
Based in: France
Sector: SaaS; subscription-based models; e-commerce businesses
Check Size: €10K to €250K
Unlimitd markets itself as a company that allows you to dynamically finance your business without losing control. A fixed percentage between 6% and 10% is decided on at the time you receive your funding offer, which you should receive within 48 hours of applying.
To qualify, you’ll need to have a business that’s been operating in Europe for at least six months. There are also some limits on what you can use the funds for, but they can be applied to marketing expenses, among other things.
Which Revenue-Based Financing Company Do You Think Is Best?
If you’ve tried one or more of these revenue-based financing companies, what did you think about your experience? How did your funding process go? Share with us in the comments below!
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