SaaS companies should leverage credit facilities during recessions to avoid dilution
Sindre Haaland · How He Hit $8m Revenue By Losing Customers Last 12 months, and doubling ARPU · Feb 9, 2023 · at 10:03
Sindre Haaland, founder and CEO of SalesScreen, explains why recurring revenue SaaS businesses should consider non-dilutive debt financing instead of equity during economic downturns.
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“Well, I think it's a brilliant way to get access to capital during a recession. So if you have recurring revenue and it's fairly predictable, you can leverage, you know even your setup or a vessel to get either a credit line or some loan upfront so they can continue to invest or have a better runway to your next fundraising. So I advise people to look into that if they haven't done so already.”
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