Forward Partners, the early-stage venture fund and startup studio, has long offered something a little different to the U.K's tech startup ecosystem, and today the VC is continuing that trend with the launch of "Forward Advances," a revenue-based finance solution for startups that need to bolster marketing. Aimed at "fast-growing" e-commerce, marketplace and B2C SaaS businesses, Forward Advances will provide growth capital to startups in return for a 6% flat fee, with repayments taken as a small percentage of monthly revenue. "Unlike traditional venture capital or standard bank loans, a Forward Advance unlocks a novel way for founders to finance their marketing spend without giving up equity, or having to commit to personal warranties," explains Forward.
https://ift.tt/2R7Sch4 from Yahoo Tech https://ift.tt/3bSghjJ
via IFTTT
No comments:
Post a Comment