BridgeUp provides instant upfront capital to businesses with recurring revenue
BridgeUp is industry agnostic. Any company with a high degree of predictability in their revenues can use BridgeUp. However, here are some sectors that we regularly service.
FAQs
BridgeUp is a trading platform that provides businesses with the capital they need to accelerate their growth, without debt or dilution.
How do we do this? By transforming recurring revenue contracts into instant, upfront capital.
Companies sign up and sync their systems with BridgeUp, after which they are assigned a trade limit and a pool of their contracts are made available to trade. Our enlisted investors place bids on those contracts and provide the company with the annual value of the contracts upfront, at a slightly discounted rate. This allows the company access to instant cash needed to grow their business, without debt or dilution.
We believe that our model works wonderfully in tandem with equity financing. With BridgeUp, a company who is in need of capital doesn’t need to look to VCs as their only option. Our model allows businesses to grow on their own terms without any premature dilution of ownership to founders and early stage investors. This also empowers them to secure better valuations for later rounds.
No, unlike with loans/venture debt, we do not take any collateral, warrants or personal guarantees or charge any interest. We treat recurring revenue as tradable assets. Our enlisted investors make bids to purchase a company’s monthly recurring revenue contracts in exchange for their annual value. This annual value is given to the company upfront. The company continues to receive payments from customers on a monthly basis as usual – which they then use to pay back the investors.
Apples to Oranges. We are not a debt product. BridgeUp provides an outright sale of revenue. The investors don’t have a lien on the assets of the companies. Additionally, since the amount to be paid against the sale is fixed, the cost of capital to companies trading on BridgeUp is both lower and far more predictable compared to RBF.
BridgeUp is a great fit for subscription based companies with recurring revenue.
Presently, a majority of the organizations enrolled on our platform are SaaS companies. However, BridgeUp is industry-agnostic, and any company/individual with predictable, recurring revenue streams can sign up and trade their contracts/customers for instant, upfront capital.
Currently, the buy-side consists of NBFCs (Non Banking Financial Companies) who place bids based solely on the performance of the company. The company’s identity remains anonymous to the investor.
Nope. Signing up on our platform is totally free and there are no sign-up charges.
No debt • No dilution • No strings