Insights on venture debt.
Category: Thought Leadership
Banyan Technology Raises $2 Million in Debt-Based Funding from River SaaS Capital
This new capital allows us to simplify our existing debt structure to fuel accelerated growth and focus not on fundraising… River SaaS Capital, a newly formed private debt fund lending growth capital to Software as a Service (SaaS) companies, today announced that it has provided $2 million in non-dilutive capital to Banyan Technology, a leading …Read More
River SaaS Capital Hires Chief Investment Officer
CLEVELAND, June 30, 2016 /PRNewswire/ — River SaaS Capital welcomes Wendy Jarchow to the team as Chief Investment Officer. Ms. Jarchow will manage River SaaS Capital’s portfolio of loans, devise strategies for growth and act as a liaison between investors. “Wendy has a wealth of investment and start-up knowledge, and we are excited to have her …Read More
River SaaS Capital Featured in Crain’s Cleveland
Private lender closes its first deal with local software company Banyan Technology May 22, 2016- River SaaS Capital wants to lend money to software companies — even if they haven’t yet turned a profit. The new company, a subsidiary of River Capital Finance in Westlake, is hunting for “software as a service” companies that can …Read More
River Capital Finance Announces Launch of New Business, River SaaS Capital
CLEVELAND, April 18, 2016 /PRNewswire/ — River Capital Finance, a TruWest Company, announces the launch of their new business, River SaaS Capital. The company specializes in debt financing options for Software-as-a-Service (SaaS) companies located in the United States. “With recent cloud based businesses growing at a rate of 36% compound annual growth rate, we realized that …Read More