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Baxter Lanius

7 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Apr 13, 2022 by Baxter Lanius · across every show →

On the record as a speaker too: Baxter Lanius's record, appearances and statements → this page counts the times other people say the name.

Everything said about Baxter Lanius, oldest first

Apr 13, 2022 neutral
Disclosure
Lanius: Alternative Chose an 80% Advance Rate Despite 90% Option
“Our advance rate is actually at 80% for a number of strategic reasons, but yeah, we had the ability to go up to 90%”
Baxter Lanius Apr 13, 2022 ▶ 13:17 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022 bullish
Prediction Not checkable as stated
Lanius expects Alternative to earn mid-20s IRR with a 10% net spread
“So we'll be able to earn probably mid, mid, mid twenties. And so our spread on our business is, you know, call it in a conservative manner, about 10%.”
Baxter Lanius Apr 13, 2022 ▶ 18:23 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022 neutral
Disclosure
Lanius: Alternative has raised just under $15M in debt and equity
“We've raised just under fifteen million dollars. A portion of that is in the credit facility. And so we fund that transaction through our credit facility.”
Baxter Lanius Apr 13, 2022 ▶ 9:32 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022
Disclosure
Lanius: Alternative's blended debt cost of capital is 10% to 13%
“So the senior is just under 10% blended is to your .10 to 10 to 13.”
Baxter Lanius Apr 13, 2022 ▶ 18:07 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022 positive
Disclosure
Alternative secured a credit facility with zero unused line or upfront fees
“And we ultimately don't have unused fees on our credit facility. So, you know, we have a basically a flat rate associated with deployed capital. There are no upfront unused fees and incremental spend, which I think you see in most obviously typical and traditi…”
Baxter Lanius Apr 13, 2022 ▶ 11:08 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022 neutral
Insight
Lanius: Fintechs should not always maximize their available debt leverage
“Taking out, you know, as much leverage as what's available to you is not always the best strategy.”
Baxter Lanius Apr 13, 2022 ▶ 14:06 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
Apr 13, 2022 neutral
Disclosure
Lanius personally invested directly in Alternative's junior debt tranche, bypassing equity
“My own personal capital is also in the junior tranche, not through the company.”
Baxter Lanius Apr 13, 2022 ▶ 14:33 He Raised $15m to Help Your New Customers Pay for your Expensive SaaS Plans
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