Sector — Tech & SaaS
Non-dilutive growth capital, sized to ARR.
Venture debt, recurring-revenue financing, founder mortgages and unitranche refis for VC-backed and bootstrapped tech companies. We pair you with capital that respects the metrics that matter — net dollar retention, gross margin, payback.
ARR financed
£480M+
Tech-fluent debt funds
26
Avg ticket
£3.5M
Time to term sheet
10 days
Where are you?
Pick the path that looks like you.
Each branch maps to the playbook the desk would actually run for you — not a generic funnel.
Growth-stage SaaS extending runway
You're £2–10m ARR, growth-efficient, and want to extend runway 12–18 months without raising equity at this valuation.
Recommended play
Venture debt + ARR-based revolver, structured around metrics
- Funds that price off net dollar retention, not just revenue.
- Warrant coverage minimised through competitive process.
- Drawdown structured to fund growth, not just sit on balance sheet.
Tech / SaaS Pulse
Lender appetite, tech / saas edition
Live signals from the desk. Last refreshed .
- business
Two clearing banks · Working capital RCF
Margins held; covenants softened
Leverage covenants relaxed by 0.25x for £5m+ revenues with audited accounts.
- business
Alt-fintech lender · Revenue-based finance
Pulled appetite for hospitality
Second consecutive quarter of arrears uptick in casual dining cohort.
- business
Two private credit funds · Unitranche £10m+
Tightened pricing 50–75 bps
Competing aggressively for sponsor-backed mid-market refis ahead of June.
Tech / SaaS Co-pilot
Ask anything. Scoped to tech & saas.
Grounded in 1X Financial's tech / saas field notes — never the open web. No fabricated lenders, no invented rates.
Funding Map
Typical £5m SaaS growth stack
Indicative shape for a £6m ARR SaaS extending runway 18 months while funding GTM expansion.
- Venture debt term60%
SONIA + 700–900 + warrants
Specialist tech debt fund — interest-only window then amortising.
- ARR revolver25%
SONIA + 600–800
Drawdown line sized to MRR — fund GTM hires.
- Founder/sponsor equity15%
Last raise pricing
Equity stays in the business — no top-up round.
Deal Anatomy — Tech / SaaS
Anonymised live cases we've actually closed.
The structure, the lenders shortlisted, why it closed — and what nearly killed it.
1 of 1 cases
- business£3.2m
£3.2m unitranche refi for SaaS founder — saved 320 bps vs incumbent
Founder-led SaaS, £4.1m ARR, EBITDA-positive
Saved £104k pa in interest; covenants reset to 3.5x net leverage.
Full anatomyClosed in
5 weeks
Shortlisted
5
Layers
2
Tech / SaaS scenario lab
Pre-loaded with deals we actually do.
Pick a preset that matches your deal — then drag to stress it. Same model the desk runs in pre-credit calls.
Blended cost of capital
13.00%
Annual debt service
£195,000
DSCR
2.15×
Equity required
0% · £0
Indicative only. Real pricing reflects sponsor profile, asset, jurisdiction and current lender appetite.
Your stack
The capabilities tech & saas actually use.
Each links into the full capability page — pricing, ticket, partners and live appetite.
- asset£250K – £30M
SaaS & ARR Financing
Non-dilutive growth capital priced off ARR.
Open capability - asset£25K – £5M
Revenue-Based Finance
Repay as a percentage of monthly revenue — no equity dilution.
Open capability - asset£500K – £100M facility
Embedded Finance Programmes
White-label lending built into your customer journey.
Open capability - business£10M – £250M
Business & Corporate Finance
Structured corporate debt for £10M – £250M tickets.
Open capability - business£1M – £100M
Acquisition, MBO & MBI Finance
Debt-stack engineering for buy-outs from £1M – £100M.
Open capability - business£100K – £25M
Working Capital Lines
Revolving credit, overdrafts and seasonality lines.
Open capability
Engage the desk
Bring us a live deal — we'll come back inside 48 hours with a shortlist.
Briefings are free. Architecture calls are free. The first lender shortlist is free. You only ever pay on completion.