Looking for a loan for a SaaS business (for a colleague)

February 03, 2025
by a searcher from Harvard University - Harvard Business School in New York, NY, USA
Putting it out here since I figured there a lot of banks that work with deals of this nature. Helping out a colleague who owns a SaaS business and is trying to get a loan for capital needs in###-###-#### Some high level terms and details below, please DM me directly if this is something your bank can likely work around or if you need more information:
- $7-10mm I/O with a balloon payment - goal is to give the company working capital for 2025 needs + give the company the runway to achieve its growth metrics
- SaaS Company is ~$15mm in revenue + cash flow positive
- ideally non-recourse
- 5-8 year long contracts with large insurance companies (i.e., Alliance and Standard Insurance).
-Contracts are firm 3-5 years
from University of Southern California in Los Angeles, CA, USA
You can reach me here or directly at redacted You can also click here to schedule a meeting with me: https://cal.com/ishan-jetley-3d73m8/30min. Look forward to chatting!
in New York, NY, USA
FYI we also have a generous referral program for referring deals to us. Happy to discuss that as well.