Too Good To Be True Financing For Startups?

Attention entrepreneurs!

If you need capital but don’t want to give away equity, sign personal guarantees, have your credit checked or even pay interest, look to the venture capital backed startup Uncapped.


According to UKTN, “Uncapped is pioneering a new approach to business finance, allowing founders to raise crucial working capital between £10k and £1m at a flat fee of 6%.”

And this fee is payable only out of revenues, so if sales fall off, your payments can go to zero.

No pitch decks required, only an online payments based business with at least nine months revenue history.

Uncapped does, however, have access to your company’s bank account so it can suck out payments when available.

Is it a viable business model? The underwriting will tell.

(No endorsement implied).

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.