Helping founders grow preserving equity .
Flexible growth loans for Swiss tech scaleups.
Extend Runway
Hit new KPIs and milestones to raise at better terms later
Reach Profitability
Bridge your funding needs until fully profitable
Accelerate Growth
Take advantage of market and growth opportunities
Execute on M&A
Seize inorganic growth opportunities
How Apiax secured non-dilutive, long-term, and flexible growth financing with Lendity.
"Speed was critical for us to keep the focus on our growth momentum. Thanks to Lendity’s solution, we could close long-term growth financing while maintaining full flexibility."
Philip Schoch, Apiax CEO & Co-founder
The most Founder-friendly growth capital available for the Swiss tech industry.
Non-dilutive
Keep your equity, you worked hard to build it.
Flexible Payback
Match your payback with your growth for maximum flexibility.
Long Term Capital
Long term view for long term value creation.
Fast process
Use your precious time to focus on growth opportunities.
Keep Optionality
You decide whether or not you want to raise debt or equity in the future.
Works along VCs
Fully complementary with past or future equity investments.
No valuation change
Save energy as there is no need to align on valuations.
Efficient cost of funding
Access the most efficient funding available for growth.
Same governance
No change to the board or new shareholder agreement needed.
Is Lendity Growth for me?
Lendity Growth is typically a good fit for growing tech-enabled businesses.
- Growth momentum
- Healthy margins
- Client diversification
- Low churn
- Not overindebted
Sources of Capital Comparison
|
Lendity Growth |
Bank Loan |
Venture Capital |
|
|---|---|---|---|
| Structured as: | Debt | Debt | Equity |
| Company profile: | Scalable and growing business | Asset heavy | Homerun potential with high-cash burn |
| Company stage: | From scale-up | From profitability | From pre-seed |
| Product-Market Fit: | Post | Post | From pre-product (idea stage) |
| Revenue stage: | Post and no client concentration | Post and no client concentration | From pre-revenues |
| Guarantees: | Limited to the company’s assets | Company’s and often personal guarantee | Non-compete, vesting, anti-dilution, liq preference, bad leaver |
| Capital committed duration: | Up to 5 years, committed | Normally credit line, banks can cancel any month | Until exit |
| Control: | No financial covenants | Several and rigid financial covenants | Board seat, limitations and obligations via shareholder agreement |
| Dilution: | None | None | Significant |
| Repayments: | Flexibility on payments and amortization frequency | Monthly | Exit |
| Funding speed: | 2-4 weeks | 8-24 weeks | Up to 12 months (if closed) |
| Cost of capital: | Low to mid | Low | High |
| Business support: | Regular, only on demand | None | Regular, on good times |
| Exit need: | No | No | Yes |
Frequently Asked Questions
1What is Lendity Growth?
Lendity Growth is a long-term funding solution used for growth purposes.
2How is Lendity Growth structured?
Lendity Growth is structured as a loan, comes with no dilution and no personal guarantees.
3How is the loan paid back?
The loan can be structured with different payback options. We will walk you through it during the process.
4What is the tenor of Lendity Growth?
Because we believe in the value creation of long-term projects, our loans can be granted with a tenor of up to 5 years.
5What loan sizes are adequate for Lendity Growth?
Companies using Lendity Growth should get a facility that can be paid back with the generated growth, that is why having healthy margins is important. The normal loan size is a 3x to 6x multiple of monthly revenues, although it can increase in cases of very high-margin companies.
6For what company stage is Lendity Growth ideal?
We encourage companies to apply after they found product-market fit and its client base is diversified.
7Is there a minimum revenue level to apply for Lendity Growth?
Lendity Growth starts to make sense when monthly recurring revenues are at least CHF 50'000.
8How should the loan proceeds be used?
Lendity Growth is a financing tool to help companies continue growing on their terms. Therefore, the loan proceeds should be used for growth-related activities, including client acquisition and fulfillment, business development, marketing, inventory, geographic expansion, or any other growth-focused initiative.
9Do I need to provide a personal guarantee?
No. We don’t require external guarantees as the loan is done to the company itself, which will need to provide a first security interest over its assets.
10How fast can you fund a transaction?
We have seen founders and management spend a lot of time raising funds and we believe this time could be better spent building products and acquiring customers. Once we receive the complete application, we aim to close and fund the transaction in less than 4 weeks.