We have partnered with a growth lending partner to B2B software and tech-enabled services companies in North America. We pair a straightforward, data-driven lending process with a long-term emphasis on providing operational support to Founders and act as a trusted partner for those in our ecosystem.
OUR CRITERIA
INDUSTRY: B2B Software, Tech-Enabled Services
GEOGRAPHY: North America
REVENUE GROWTH: > 30% annual
RECURRING REVENUE: > 50% of revenue mix
GROSS MARGIN: > 50%
CASH BURN: Up to 50% of revenue
CAPITALIZATION: Bootstrapped through Series B
PRODUCT PROFILE
STRUCTURE: Multi-Draw Term Loan Facility
PRICING: Mid teens return target, never taken a warrant
TERM: Up to 48 months
DRAW PERIOD: Up to 18 months to draw capital
REPAYMENT : Interest only up to 24 months, then P&I
POSITION: Primarily senior, situational junior
USES: Non-dilutive growth or bridge to equity Raise / M&A
Contact: scott@blackdogventurepartners.com | (480) 206-3435
