espresso capital - saas recurring revenue and tax credit financing
DESCRIPTION
Espresso Capital provides SaaS recurring revenue and tax credit based financing for technology companies in Canada.TRANSCRIPT
FUNDED OVER 80TRANSACTIONSIN 2013
2
FROM START-UPSTO $20M + REVENUE COMPANIES
3
REVENUE & TAX CREDIT FINANCING
$3,000,000$100,000
CREDIT FACILITIES
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Funding in 10 business daysSubordinated to bank financingFlexible repayment terms
FAST, FAIRLY PRICED& USER FRIENDLYRISK CAPITAL
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BANK FACILITIES
SHARE-HOLDER EQUITY
6
BRIDGE FINANCINGExtend runway
to next equity roundJumpstart investments
while fundraising
GROWTH FINANCINGMaximize
total fundingMinimizedilution
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We finance Recurring Revenue and Accrued Tax CreditsOur quick turnaround and flexible terms are tailored for technology companiesYou benefit from our team's strategic, financial and operational value add andAccess to our investor network
DIFFERENTIATION
HOW TAX CREDITFINANCING WORKS
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Quarterly Accrual
Loan Advance(assuming 80% loan to accrual)
Cumulative Loan Advances
Refund
Loan Balance
Y1-Q1
150K
125K
125K
125K
Y1-Q3
150K
125K
375K
375K
Y1-Q4
150K
125K
500K
500K
Y2-Q1
150K
125K
625K
625K
150K
125K
250K
250K
Y1-Q2 Y2-Q2
150K
125K
750K
600K
150K
HOW RECURRING REVENUEFINANCING WORKS
10
Y1-Q1
100K
400K
Y1-Q3
300K
1200K
Y1-Q4
400K
1600K
Y2-Q1
500K
2000K
200K
800K
Y1-Q2 Y2-Q2
600K
2400KAvailable Credit(assuming 4 times MRR)
Trailing 3-Month Average MRR
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FOUNDED BY FORMER TECHNOLOGY EXECUTIVESGary is a seasoned technology executive, investor and board member with a 30-year track record of helping innovativecompanies succeed. He has held key management roles including CEO, COO, VP Sales & Marketing and VP CorporateDevelopment for companies that were subsequently acquired by Kodak, WellPoint, Telus and Dolby Labs. Gary’s current Board positions include Bit Stew Systems, Wolf Medical and Social Venture Partners.
GARY YURKOVICH, CO-FOUNDER & MANAGING PARTNER
Greg is an entrepreneur first and foremost, having started his first software company at the age of 24. Apart from his proven track record as a company builder, Greg is also a seasoned venture capitalist, with over 50 principal investments to his credit. Greg’s current Board positions include Tagga Media, Mobidia Technologies and SIM Composites.
GREG SMITH, CO-FOUNDER & MANAGING PARTNER
In a finance career spanning 20 years, Alkarim has helped raise over $1 billion for more than 100 early stage and growing technology companies, and has made over 50 direct investments. Prior to joining Espresso, he was the Founder andManaging Partner of Intrepid Business Acceleration Fund. Alkarim sits on the Board of SCI Marketview.
ALKARIM JIVRAJ, MANAGING PARTNER
Chris is a veteran CFO with over 20 years experience in finance and operations for both large public and private venture backed technology companies. Chris was formerly COO and CFO at Resolution Health from its inception to its sale to NYSE-listed WellPoint. Chris sits on the Board of Engine Digital.
CHRIS HILL, MANAGING PARTNER
CONTACT US TODAY TO ACCESSOUR FAST, FAIRLY PRICED & USER FRIENDLY CAPITAL
GARY YURKOVICH, MANAGING [email protected]
604.889.8454