A/R Financing for SAAS & Start-ups
Revenue Based Financing & SAAS Funding
Invoice Financing for Startups & Software as a Service (SAAS) Companies
It can be hard to get your early-stage SAAS or Software Startup funded. With 30-years of combined personal experience funding tech companies, the owner-employees of Bankers Factoring can give you up to 90% of each 120-day tranche of your B2B or B2G accounts receivable (A/R) through our SAAS and Startup non-recourse factoring programs.
Building a startup tech company can be an exciting venture for you as an entrepreneur. But it can be hard to get your software startup funded with venture capital or a business loan with very little business credit. And most factoring companies don’t understand revenue-based startup businesses and their business financing needs. With invoice factoring, your startup can have immediate working capital by selling your open monthly or quarterly recurring revenue stream (open invoices or AR) to us at Bankers Factoring.
With experience, we can even look at your annual recurring revenue as a financing option depending on how your customer contracts are structured, the quality of your outstanding invoices, how your customers pay their invoices, and your customer payment terms. Let’s talk about how SAAS financing and factoring works from Bankers Factoring and the small fee involved versus equity dilution. It’s easy if you are selling your invoices to a factoring company that understands cloud-based startups and their AR financing needs.
Short-term cash flow can be lumpy, especially for startup business owners. Fill your cash flow gaps with non-recourse invoice factoring for SAAS software companies. With a streamlined underwriting and onboarding process, your credit limits are only limited by the financial strength of your customers. A Bankers Factoring facility can also grow with you.
Seven Reasons for Bankers Factoring to Fund your Startup:
- No debt or equity dilution
- Overall a cheaper cost of capital than other finance companies
- Receive financing faster with SAAS factoring
- Faster than angel investors
- Credit facilities based on your customer’s credit strength
- We understand monthly recurring revenue & B2B SAAS business, model
- 100% Customer concentration is OK
- Bankers Factoring takes the Credit Risk
- Tiered Factoring Pricing for Start-Ups
Improve liquidy without giving up precious equity or adding venture debt to your balance sheet. Once your startup is set up, you can receive daily funding through our factoring services. Bankers Factoring Invoice financing (or factoring) eliminates the need to wait weeks or months for invoices to process and pay by advancing payments, typically with same-day funding for SAAS founders and their SAAS businesses.