Key Details:

• Use of Proceeds: Growth capital / runway extension

• Industry: Software (SaaS)

• Loan Amount: $3,250,000 venture debt

• Commission Earned: $32k

• Time to Fund: <45 days

• State: California

Story:

A rapidly scaling B2B SaaS company had recently closed a Seed round led by a well-known venture capital firm. Despite strong year-over-year revenue growth and expanding enterprise contracts, the company needed additional non-dilutive capital to extend runway, accelerate hiring, and invest in product—without triggering an early Series A.

The Commercial Loan Broker used GlassBox Verified to verify contracted ARR, investor backing, burn rate, and growth metrics, then structured the opportunity to meet venture debt lender requirements. GlassBox’s verification and packaging workflow ensured the deal matched lender credit criteria before submission.

The broker connected the company with a top-tier venture debt lender known for supporting venture-backed SaaS businesses. The lender structured a $3.25M venture debt facility with an interest-only period and flexible draw schedule aligned to growth milestones.

The deal closed in under 45 days, extending the company’s cash runway by approximately 18 months without additional equity dilution. The Commercial Loan Broker earned a commission on the funded loan while continuing to advise the company on its capital strategy through its next growth phase.