What is Viably?
At Viably, our goal is to help business owners effectively grow their business. We achieve that by providing an alternative funding solution for businesses with predictable revenue streams. We provide funding that is non-dilutive and does not come with the typical constraints (warrants, liens, restrictive covenants) of other types of financing. Viably is built on automation technology and maximizes the time from customer contract to working capital.
How does Viably work?
By leveraging our technology to rapidly assess your accounting, banking, and subscription management systems, Viably can quickly propose funding options based on the recurring revenue from your customers. Companies receive upfront cash for the recurring value of their contracts, and monthly automated payments are made until the funding obligation is repaid. Using this data we build a deep understanding of your financial status, giving you peace of mind on how to grow your business.
What makes Viably different from other funding options?
To date, financial institutions have typically treated the person or business they are funding, investing in, or providing a loan to as a transaction. Dollars in and dollars out with warrants, liens, covenants, and long processing times at higher interest rates.
At Viably, we know the people behind paperwork and the urgency for funding at various steps in your growth. We want to be your trusted capital partner in growing your business.
What kinds of companies use Viably?
If you have predictable or recurring revenue, then Viably can utilize the data you're already collecting to find the right funding for you! We work with companies from SaaS technology companies with subscription models to landscapers with weekly, monthly or quarterly clients from fitness organizations with monthly membership fees to property management groups with rental collections.