Things are Looking Up
Revenue-based financing lets rapidly growing companies keep their equity
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.
