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Thanks. Re: the last part, sounds like Stripe and Square also don't charge interest or equity. (I don't have any stake in any of these companies, but I do run a

Thanks. Re: the last part, sounds like Stripe and Square also don't charge interest or equity. (I don't have any stake in any of these companies, but I do run a small business)

toomuchtodo 6y ago
The one time fee they’re charging could be considered front loaded interest. You have to take fees and interest * duration into account when comparing a loan’s total cost apples to apples. To your point, all of these products preserve your equity arrangement.
heliodor 6y ago
They try very hard to not make you think in terms of APR for the loan they're giving you. There's no competition and the interest rate is plenty high.
- edoceo 6y ago
  There is plenty of competition.
  - heliodor 6y ago
    Hassle-free quick loan offer based on your Stripe data. Stripe does it. Pipe does it. I might have come across one more lender in the past. Who else is out there?
    - edoceo 6y ago
      Square, Paypal (already mentioned) and Lighter from the top of my head. Someone else said SVB. If you have a running business there are loads of folks ready to get you capital to expand. Revenue redemption loans are all over the place.
      - driedchicken 6y ago
        Clearbanc. Wayflyer. Capchase. ARRSquared. Payability. Shopify. SaaS Capital. Timia. Captec. The list goes on. And on. And on.
        srezasade 6y ago
        not forget www.bridg.app