# Lighter Capital

Source: https://businessloanbroker.ai/lenders/lighter-capital/
Site: BusinessLoanBroker.ai (powered by Levr)

> Lighter Capital funds SaaS startups with up to $10 million of revenue based financing repaid as a share of revenue to a 1.3x to 1.5x cap, no collateral.

Lighter Capital is a Seattle based provider of growth capital for SaaS and technology startups that would rather borrow than sell equity. It funds recurring revenue businesses in the US, Canada and Australia with up to $10 million of revenue based financing, repaid as a share of monthly revenue until a 1.3x to 1.5x cap is met.

## Key facts
- **Products:** Revenue based financing, business term loan, contract financing
- **Funding range:** Up to $10,000,000
- **Repayment:** Fixed share of monthly revenue until a 1.3x to 1.5x cap, typically about three years; fixed payment term option available
- **Security:** Unsecured, no collateral required
- **Operates in:** United States, Canada and Australia
- **Industries:** SaaS and technology businesses with recurring revenue
- **Founded and headquarters:** 2010, Seattle, Washington

## What does Lighter Capital offer?

Lighter Capital offers [revenue based financing](https://businessloanbroker.ai/business-loans/revenue-based-financing/) as its main product: you receive capital and pay back a fixed percentage of monthly revenue until you have repaid 1.3x to 1.5x the amount, which typically takes around three years. There is also a fixed payment term loan and contract financing against signed customer contracts. All are unsecured with no collateral, no equity and no board seat. Its website is lightercapital.com. It publishes more than $550 million deployed across 660 plus startups, as a company figure.

## Who does Lighter Capital fund, and who do they decline?

Lighter funds revenue generating SaaS and technology companies with recurring revenue in the US, Canada and Australia. The model needs monthly recurring revenue to size the payment, so the typical customer is a B2B software company past its first customers and growing.

It does not publish a revenue minimum or decline criteria. Pre revenue startups have nothing to base the payment on, and non software businesses are outside its focus. Larger companies above $3 million in revenue that want bigger cheques should compare [Flow Capital](https://businessloanbroker.ai/lenders/flow-capital/) or [Coho Growth](https://businessloanbroker.ai/lenders/coho-growth/).

## What does it typically cost and how fast is it?

Lighter publishes the shape of the cost: a total repayment cap of 1.3x to 1.5x the amount funded over roughly three years, which is the clearest pricing disclosure among the venture lenders in this directory. It does not publish fees. Because the monthly payment flexes with revenue, a slow month lowers the payment and a strong month raises it. Our [revenue based financing](https://businessloanbroker.ai/business-loans/revenue-based-financing/) page shows how a 1.4x cap over three years compares with a term loan APR. Funding speed is not published.

## What will you need to apply?

Prepare monthly recurring revenue and churn data, two years of financial statements and a forecast, bank statements, a cap table, customer concentration figures and corporate documents. For contract financing, add the signed customer contracts. Our [document checklist](https://businessloanbroker.ai/guides/document-checklist/) covers the baseline items.

## How does Lighter Capital compare with similar lenders?

[Flow Capital](https://businessloanbroker.ai/lenders/flow-capital/) provides $2 million to $10 million or more of senior secured, non amortizing venture debt with 1% to 3% warrants to tech companies above $3 million in revenue. [Coho Growth](https://businessloanbroker.ai/lenders/coho-growth/) lends $1 million to $10 million of fixed term growth debt to vertical SaaS companies with $2 million to $20 million in revenue. Lighter reaches earlier stage companies than either, takes no warrants, and is the only one of the three in Australia.

## How to apply

Apply once on this site and matching shows whether Lighter Capital, or a similar lender, fits your file. You can also ask your AI assistant to collect your documents and apply for you through our [MCP server](https://businessloanbroker.ai/agents/). A profile in this directory is a market reference and does not by itself mean the lender is on our network for your file; matching shows the lenders available to you.

| Lender | Products | Funding range | Operates in | Best suited for |
|---|---|---|---|---|
| Lighter Capital | Revenue based financing, term loan, contract financing | Up to $10,000,000 | United States, Canada, Australia | Revenue generating SaaS and tech startups wanting growth capital without equity |
| Flow Capital | Venture debt, revenue based financing | $2,000,000 to $10,000,000 or more | United States, Canada, UK | B2B SaaS and tech companies above $3 million revenue wanting growth capital without dilution |
| Coho Growth | Growth term loans, lines of credit | $1,000,000 to $10,000,000 | United States and Canada | Vertical B2B SaaS companies with $2 million to $20 million revenue |

## Questions and answers
**How much will I repay with Lighter Capital?**

1.3x to 1.5x the amount funded, as published, paid as a fixed share of monthly revenue until the cap is reached, typically over about three years.

**Does Lighter Capital take equity or warrants?**

No. The profile describes its capital as non dilutive with no collateral. Founders keep control and equity.

**Does Lighter fund Canadian startups?**

Yes. The profile lists the United States, Canada and Australia as its markets.

## Related
- [Flow Capital](https://businessloanbroker.ai/lenders/flow-capital/)
- [Coho Growth](https://businessloanbroker.ai/lenders/coho-growth/)
- [Revenue based financing](https://businessloanbroker.ai/business-loans/revenue-based-financing/)
- [Venture debt](https://businessloanbroker.ai/business-loans/venture-debt/)

## Apply
Apply for the business: https://apply.businessloanbroker.ai/signup?utm_source=direct&utm_medium=organic&utm_content=md-lender-lighter-capital
MCP server for AI agents: https://mcp.businessloanbroker.ai/mcp (docs: https://businessloanbroker.ai/agents/mcp/)