By Fuelled
inBusiness, Fuelled News
Fuelled 🤝 Uncapped.
A partnership that just made so much sense!
About Uncapped
Uncapped provide founder-friendly growth capital from £10k to £5 million without interest, equity, or personal guarantees. They charge a flat 6% fee for the capital provided and get repaid via a win-win revenue share agreement. There’s no pitching or business plans required and most decisions are made within 3 days.
Benefits
- Cheaper – much cheaper source of funding than equity or venture debt
- Unsecured – our funding doesn’t require security or personal guarantees
- Flexible – if revenues slow down, so do our repayments (no late payment fees)
- Fixed fee – we charge a simple fixed fee with no other deal costs or other hidden charges to worry about
- Legals – our short legal agreement is in plain English meaning you don’t need a lawyer – save on legal fees!
Minimum Funding requirements
- Monthly revenues of £10K+
- Generating sales for 6 months +
- An online model (eCommerce, SaaS, mobile apps etc..)
Fuelled will be providing flexible insurance required by the growing client base that Uncapped have. Which will also protect the interests of Uncapped under the financial agreement.
Amazing news, thanks to all involved!
20
Like this post