Things are Looking Up
Revenue-based financing lets rapidly growing companies keep their equity
by Michelle Goodman
Aug 01, 2014
2 minutes
John Stewart knew his company needed a hefty cash infusion to transition from a cloud services provider to a software provider. Without physical assets to borrow against, a bank loan was out of the question; venture capital wasn't an option, either. "We were too late for angel funding and too early for growth funding," says Stewart, CEO of Charlotte, N.C.-based Cloudbilt.
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