Founders should def consider all their options. It's very much not a loan though. There is no repayment schedule (we get paid as the founders generate Founder Earnings) and there's no personal guarantee. On average I think it's more likely that we would fund a business earlier that might use a number of cool new debt products to continue growing once it hits a level of revenue and business maturity.

Thanks a lot for mentioning OnDeck and Kabbage! I hadn't heard of these, and I didn't realize I had some other options for loans. I'm working remotely on a US startup, and some additional capital would be really helpful, to pay for a redesign and some contract work.

EDIT: Ah, I live in Thailand, so I probably won't be able to get a business loan through these companies. (Even though my company is a US C-Corp.) Also I probably don't have enough revenue yet.

Both of those require 1+ year in business and significant revenue. So yes, this is definitely a loan and it has relatively bad terms but it's targeted at businesses with no credit.

In the success path it costs like a loan. In the failure path it gets paid nothing