Insights on venture debt.
It’s no secret that debt is a rapidly growing alternative to equity in the software as a service space. Lately, even long-established private equity (PE) firms are getting in on the action—firms like Cleveland’s own Riverside, a 30-year old PE heavyweight who just announced the launch of a nationally focused fund that will lend to …Read More
Last month, I was fortunate enough to moderate a panel discussion at the second annual Women Who Fund Forum, held in conjunction with the annual Michigan Private Equity Conference at The University of Michigan’s Ross School of Business. My panel, like the event itself, was focused on connecting and engaging women business leaders, investors and …Read More
The answer can be found in two words – opportunity and predictability. When our parent company, River Capital Finance, first started in 1994 it was known as MRK Leasing. Over time the company, and the family behind it, developed a reputation as a go-to resource for fair, flexible and affordable equipment leasing solutions. The company …Read More
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
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
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
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