Definitions for lighter capital
lighter cap·i·tal

WikipediaRate this definition:0.0 / 0 votes

1. Lighter Capital

   Lighter Capital is a revenue-based financing lender that specializes in providing financial capital to small technology companies. Founded by Andy Sack, a Seattle-area entrepreneur, Lighter Capital was one of the first lenders to use revenue-based financing to fund tech startups. Lighter Capital typically provides growth capital as royalty-based financing to early-stage tech companies based in the United States. It is headquartered in Seattle, Washington. Unlike private equity, venture capital and angel investors, Lighter Capital's revenue-based financing process provides growth capital to tech companies in the form of debt. The company tranches financing across an investment period and looks for general revenue growth. In 2017, the lender partnered with Intuit to launch a $15 million fund for developers who design apps for QuickBooks.Since 2010, Lighter Capital has backed more than 270 startup companies with more than 450 rounds of financing, totaling more than $200 million.In June 2019 Lighter Capital announced it was offering two more forms of debt: term loans and lines of credit. In January 2020, the firm secured access to $100 million in additional capital for lending to startups. As of 2020, Lighter Capital has provided over $200 million of financing to more than 350 companies.Lighter Capital opened operations in Canada and entered into collaboration with the National Australia Bank in 2020.In September 2020, Melissa Widner was appointed Chief Executive Officer.

CrunchBaseRate this definition:0.0 / 0 votes

1. Lighter Capital

   Lighter Capital was created to address the needs of business owners with a new form of growth funding.Instead of lending money at fixed rates, Lighter Capital offers loans in exchange for a percentage of future revenues. So payments start small, and only increase as the company is able to grow revenues. Lighter Capital invests $50,000 to $500,000 in growing tech-based companies.Investment qualifications: Annual revenue > $200k Gross margin >50% SaaS, ISV, or Tech focused Advantages of a Lighter Capital investment: No dilution, no loss of control Fast access to capital ~ 1 month Flexible payments This approach, called revenue based finance, is common in the mining and entertainment industries, and now Lighter Capital is applying it to the needs of tech-based companies

How to pronounce lighter capital?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say lighter capital in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of lighter capital in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of lighter capital in Pythagorean Numerology is: 6

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Lighter_Capital
2. ^ CrunchBase
   https://www.crunchbase.com/organization/lighter-capital