Hey HN!<p>We're launching Founderpath today to help saas founders raise cash without diluting their company<p>Instead of a merchant cash advance needing to be paid back within 6-12 months, our standard deal is 15% interest, 4 year payback, $200k check<p>We get no equity, no warrants, no weird covenants, and don't require personal guarantees<p>This cash is way cheaper than if you were to raise from a VC (normally diluting your equity pool by 20%+ and losing a lot of control via a board seat and veto powers)<p>We're around all day today showing demos & answering questions over at https://www.producthunt.com/posts/founderpath<p>Hope to see you there!
Nice idea. I gave it a spin for <a href="https://VisualSitemaps.com" rel="nofollow">https://VisualSitemaps.com</a><p>and after submitting our Stripe data, it showed this page which should REALLY use some love: <a href="https://share.getcloudapp.com/9ZuXWPl5" rel="nofollow">https://share.getcloudapp.com/9ZuXWPl5</a><p>This page is a golden opportunity to perhaps:<p>- showcase current case-studies
- show more info graphics about your process
- show videos from the founders
- or just a random far-side cartoon.<p>Now it's just a dead looking page w/ a broken image.
Is this a lemon market? If I’m sure I’ll use my $200k wisely I’ll self select out and get a second mortgage for 3% or whatever. Leaving the riskier people to come to you?
Clicking connect with "Quickbooks" results in a "500 - Server Error" fyi.<p>But, interesting model. How does this deal compare with getting a loan from a bank (e.g. SVB)?