Stop Holding Back Your Growth
Flexible Draws
Only pay for what you take.
Patient Repayment
Up to 36 months.
Committed Facility
Available for 12-months.
Pay-Off Incentive
Reduced cap with early payoff.
THEY SAY IT BEST
Novel Funds:
B2B SaaS & Tech Companies
Recurring or Reoccurring Revenue
$350k+ in Annual Revenue
Seeking $100k-$5M in Capital
10%+ YoY Revenue Growth
Ascend Higher with the Right Capital
Plays Well with Current Investors
Our non-dilutive capital is a solution your board will appreciate.
Cost is Under Your Control
Choose the draw amounts that work for you, only pay for what you take.
Take the Time You Need
Whether you need 3-months or 36, our facilities adapt to your timeline.
Scales Along With You
As your revenue grows, you’ll unlock additional capital to keep moving.
The Obtainable Option for SaaS Companies
Capital in 3 Simple Steps
1. Sign-up & Sync Your Data
Securely connect your tools to our platform with read-only access.
2. Apply for Funding
Complete your application for funding to receive terms.
3. Access Capital
Accept terms and get capital delivered within 10 days.
Capital Made to Be Better
THE OTHER GUYS
Leave Behind...
- Months of Fundraising
- Lower Valuations
- Extractive Debt
- Rate Confusion
WITH NOVEL
Instead Get...
- Funding Estimate in Under 48-Hours
- Higher Returns
- Payments That Fit Your Cashflow
- Simple, Transparent Pricing
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Comparing Terms?
Learn the difference between different types of costs from non-dilutive funding providers.
TRUSTED BY 100+ COMPANIES
GET SMARTER ABOUT CAPITAL
The Basics of Revenue-Based Funding
Know what your trailing 12, 6, and 3 months of revenue are. This is different than ARR!
High concentrations of recurring revenue (think subscriptions) can lead to higher facilities.
You don’t have to have a hockey stick, but the better your growth rate, the larger the facility available.
The holy grail of SaaS and the flip side of burn, the more runway you have, the easier it is to access funding.
Those lingering debts can bring down total facility size, as new debt shouldn’t hurt the business.
Profitability isn’t required for funding, but an eventual path will get you more funding today.
Part of the SaaS Rule of 40, the typical SaaS company has a GPM between 70% – 95% and is critical for good cashflow.
The more diversified your revenue across clients, the easier to demonstrate market viability.
Knowing Better, Growing Faster
Upfront Capital is a great fit for B2B SaaS & Tech companies with recurring or reoccurring revenue. (think subscriptions) You must have at least $350k in ARR and revenue growth of at least 10% YoY.
- Minimum $350k revenue + targeting profitability
- 10%+ YoY revenue growth
- Predictable revenue
- Seeking at least $100k in funding
Once we schedule an introductory meeting, you register on our platform, connect your accounting and banking systems, and we determine how much capital you could qualify for.
After you complete the full application, we will provide you capital in 10 days or less.
The entirety of the application process is transparent, fair, and as easy as we can make it for the entrepreneur.
Novel offers a choice of payment options and terms. With Upfront Capital™ you can choose between 3 to 36 months repayment length, and a fixed or scaled payments.
The terms are flexible to work with your cashflow, and as expected, there are no penalties for early repayment.
Whether you need short-term working capital or are making strategic investments in your growth, Novel’s capital is a right fit.
Many of our Founders use capital from us to bridge between equity rounds, hire to support implementations, smooth seasonal cashflow, or accelerate sales & marketing.
