inDinero provides startups and small businesses with unlimited, flat-fee accounting, tax and payroll services backed by the most owner-friendly software in the industry.
SaaS Capital extended Indinero a $2.5 growth capital line in 2014.
The company has used the line to fund further investment in products, customer support and marketing.
Indinero’s ‘use case’ of the SaaS Capital structure is to supplement the company’s supportive angel syndicate and to further diversify their sources of capital. The company has completely funded its growth needs with an attractive cost of capital and without giving up any control, or becoming overly reliant on any one capital provider.
SaaS Capital gave us an awesome alternative to a traditional VC roundand we are excited about working with a team that understands SaaS businesses better than anyone else.
Co-Founder/CEO, inDineroWhat are others saying?
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