Lighter Capital

Lighter Capital is a nonbank lender founded in 2010 that specializes in non-dilutive, revenue-based financing for early-stage tech and SaaS startups. It operates across the US, Canada, and Australia, offering venture debt of up to $4 million with no minimum credit score requirement — qualification leans on revenue performance instead. Businesses typically need at least $20,000 in monthly revenue and six to twelve months of operating history to be eligible. The model is designed to let founders retain equity while still accessing meaningful growth capital. Beyond funding, Lighter Capital appears to position itself as a partner in scaling, offering introductions to networks and resources — a feature highlighted positively by at least one operator testimonial on its website. It seems well suited for bootstrapped or lightly funded SaaS companies that want institutional-style capital without giving up ownership. Borrowers seeking traditional term loans or brick-and-mortar financing would likely look elsewhere.