On the Gilion platform founders connect their raw data to the best predictive models in growth forecasting. It is what let’s us identify durable growth in early stage, and offer unmatched terms to founders.
Around 2-4 weeks. Once you’ve connected your data to our growth forecasting platform and we’ve received your business plans, we are typically able to reach a credit decision within a week. Note that the overall process varies depending on the speed of the client.
How does the Growth Loan differ from Venture Debt?
The Gilion Growth Loan is fairly similar to Venture debt, with a few key points of difference. The Gilion Growth Loan is not contingent on equity rounds and it’s 100% non-dilutive, without any warrants or equity kickers. Instead we track your growth and runway to ensure that you have the headroom to repay the loan throughout the term.
Generally we are able to do deals with younger and smaller companies than venture debt firms.
What can I use the loan for?
Use the money however you see fit. M&A, runway extension, marketing, R&D, hiring, geographical expansion, general growth - consider the loan as general growth capital.
Are both bootstrapped and venture capital-backed companies eligable?
Yes, the Gilion Growth Loan is available to both venture capital-backed and bootstrapped companies.
Does the Growth Loan come with any warrants or personal guarantees?
No, we do not require any personal guarantees. The Gilion Growth Loan is fully non-dilutive funding, with no attached warrants or equity kickers.
How does the Growth Loan differ from Revenue Based Finance (RBF)?
The Gilion Growth Loan has up to 2 years interest only periods before amortization starts, while RBF’s usually demand repayment instantly. The repayment term is also far longer, up to 6 years while revenue-based financing commonly want the money back after 1-2 years.
Generally, our loans are more cost-effective on an annual basis. While RBF’s may present their interest rates differently, we ensure transparency by always showcasing the true annualized interest. This can occasionally complicate comparisons with some RBF lenders who may advertise low fees for short-term loans.
What type of businesses or sectors are eligable?
B2B and B2C SaaS businesses.
Can I access a loan outside of an equity round?
The Gilion Growth Loan is accessible to companies both during their Series A & Series B to decrease dilution, but also in between rounds to increase runway to the next financing round.
What is the eligibility criteria to access a Growth Loan?
The eligibility criteria to access a Growth Loan is usually: – 20+ customers for a B2B business. – A recurring revenue source, usually a subscription element.
What determines the amount my business is eligible for?
Multiples fluctuate between 0.5 to 2x, depending on your business characteristics, growth forecasts and underlying margins.
How does Gilion operate in Germany?
In Germany Gilion operates as a loan broker through a trade license and is under supervision by Bezirksamt Mitte von Berlin, Ordnungsamt. The loans are granted by a third party bank
What markets are Gilion active in?
We are currently operating in Sweden, Finland, Denmark, and Germany. In 2024 we will expand our full offering to the U.K and U.S.