Working Capital for Tech Founders.No Equity Required.
A new kind of credit fund for Southeast Asian tech. We lend against enterprise receivables, so founders get the working capital they need without giving up ownership.
You Have Paying Customers and Real Receivables.
Your Bank Says No Anyway.
Southeast Asian tech startups are generating real revenue from paying customers of every kind — enterprises, institutions, and established businesses. They have signed contracts, recurring revenue, and collectible receivables. By every logical measure, they should qualify for working capital debt.
Banks across Southeast Asia require years of audited financials, hard collateral, and profitable track records that early-stage tech companies cannot produce. Strong, paying customers are not enough. The relationship doesn’t fit the mold.
Venture capital is the only alternative, but VC dilutes founders at the moment they need capital most. Most VCs aren’t writing checks for working capital anyway. There is no middle option. Until now.
“We have receivables from established, paying customers, yet no access to debt to finance customer credit lines.”Carlo Silva CEO, Shoppable — B2B procurement
“We build tech for established enterprises and prominent international startups, yet we lack working capital.”Andrew Pineda CEO, Sandlot — app development
“Our applications manage properties for established operators, yet we cannot even get a short-term credit line.”Jay Basco CEO, Collo — proptech
“Hospitals pay us reliably on 90-day terms, but no bank will lend against those receivables. We need a bridge.”Sofia Park CEO, MediTrack — healthtech
“Our logistics clients pay like clockwork, but we still can’t fund the hardware rollout without giving up equity.”Rachel Lim CEO, FreightPulse — logistics SaaS
“Banks want three years of profitability. We have tier-1 bank clients paying us monthly. That should be enough.”Marcus Ho CEO, PayBridge — fintech
“Government agencies and banks use our training platform. The contracts are solid, but VCs don’t fund working capital.”Amara Nguyen CEO, LearnStack — edtech
“Manufacturing plants renew our IoT contracts annually. We need capital to procure sensors, not to give away the company.”Daniel Tan CTO, SensorGrid — IoT
“Our buyers pay on 45-day terms. If we could borrow against those invoices, we could double our trade volume overnight.”Lena Kapoor CEO, TradeLoop — B2B marketplace
“Food processors pay us reliably but seasonally. A short-term credit line would smooth our cash flow perfectly.”James Reyes COO, CropFlow — agritech
Not equity. Not a bank loan.
Venture credit occupies the structural sweet spot between dilutive equity and unavailable bank loans.
- Dilution
- Yes, significant equity loss
- Collateral
- None required
- Access
- Full pitch, 6–12 months
- Return type
- Equity upside only
- Hold period
- 8–10 years
- Dilution
- None. Senior debt position.
- Collateral
- Enterprise receivables
- Access
- Revenue + enterprise clients
- Return type
- Interest + warrant upside
- Hold period
- Under 5 years
- Dilution
- None
- Collateral
- Hard assets required
- Access
- Years of history, profitability
- Return type
- Interest only
- Hold period
- 2–8 years
