
Bonside
Growth capital for brick-and-mortar businesses with flexible, performance-based repayment.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | $4.4m | Early VC | |
Total Funding | 000k |
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Bonside is a financial services company that partners with brick-and-mortar businesses to provide them with growth capital and insights. Operating primarily in sectors like healthcare, beauty, wellness, food and beverage, and medical care, Bonside serves businesses with at least two locations and strong economic fundamentals. The company uses a unique financial instrument called the Repeatable Revenue Agreement (RRA), which allows businesses to access capital without equity dilution, guarantees, collateral, or restrictions on spending. Bonside's business model involves matching the variability of brick-and-mortar businesses by adjusting payments based on monthly revenues, thus offering a more flexible and performance-based repayment structure. Revenue is generated through the repayment of these capital advances, which are tailored to the seasonal and operational fluctuations of the client businesses.
Keywords: growth capital, brick-and-mortar, flexible repayment, healthcare, beauty, wellness, food and beverage, medical care, Repeatable Revenue Agreement, performance-based.