Novel Capital | Non-dilutive Funding | Predictable Revenue Companies | Fintech
Novel offers non-dilutive funding and standard revenue-based financing options, such as receiving up to 30% of predicted yearly revenue upfront in exchange for a percentage of future actual monthly revenue for three years. It also provides “Upfront Capital,” which allows businesses to purchase future subscription income in exchange for a one-time charge.
Features
- Cashflow smoothing (seasonal/cyclical businesses)
- A capital bridge between equity rounds
- Funds to hire employees in preparation for impending customer installations
- Now, with more marketing and sales resources, you can grow faster.
Workflow
- Sync and apply your accounts
Apply to join the platform, and once you’ve been authorized, sync your accounting systems to see how much money you can receive. - Get up to 30% of your annual income invested in your business.
In fewer than 30 days, you’ll have a financing decision and cash in your bank account. - Expand your business
Use their RAP to get sales best practices and tools to help your company flourish.
In short, Novel Capital provides non-dilutive funding and operational sales expertise to early-stage B2B software companies.
To read about more companies in the Fintech domain, click here.
