Key differences
- They price differently, so compare the effective annual cost for your numbers in the calculator.
- Lighter Capital is usually faster to fund (about 3 weeks vs about 4 weeks).
- Lighter Capital is open to smaller companies ($500K+ ARR vs $3M+).
- Different funding types: SaaS Capital offers SaaS term loans & credit facilities; Lighter Capital offers revenue-based financing.
Side by side
| SaaS Capital | Lighter Capital | |
|---|---|---|
| Product | MRR credit facility | Revenue-based financing |
| Funding type | SaaS term loans & credit facilities | Revenue-based financing |
| Estimated rate as of today | Rates shown to approved members | Rates shown to approved members |
| Pricing source | Estimated as of today | Estimated as of today |
| Time to cash | About 4 weeks | About 3 weeks |
| Typical size | Up to about 50% of ARR | Up to about 33% of ARR |
| Term | 24–60 months | 36–60 months |
| Requirements | $3M+ ARR | $500K+ ARR |
| Regions | US | US |
| What they underwrite | Your recurring revenue | Your recurring revenue |
| Collateral | All company assets | Future revenue |
| How you repay | Interest-only then amortize | % of revenue |
| Dilution | None | None |
SaaS Capital
Category leader for MRR-based credit lines; covenants apply.
Lighter Capital
Repay 1.3–1.5x the amount via a share of monthly revenue; ~3–4 weeks to fund.
SaaS Capital vs Lighter Capital FAQ
What is the difference between SaaS Capital and Lighter Capital?
They price differently, so compare the effective annual cost for your numbers in the calculator. Lighter Capital is usually faster to fund (about 3 weeks vs about 4 weeks). Lighter Capital is open to smaller companies ($500K+ ARR vs $3M+). Different funding types: SaaS Capital offers SaaS term loans & credit facilities; Lighter Capital offers revenue-based financing.
Which is faster, SaaS Capital or Lighter Capital?
Lighter Capital usually funds in about 3 weeks; SaaS Capital takes about 4 weeks.
Which is cheaper for you?
The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.
Related comparisons
Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.