Products
Non-Recourse Cohort Financing
For DTC / e-commerce brands. Our flagship structure.
- We fund the cohort's acquisition spend.
- Provider share: 55% of cohort gross profit.
- Return cap: 1.30× of capital deployed.
- Fully non-recourse — no guarantee, no daily debits.
- Annualized cost depends on the timing of collections; a return multiple is not an APR.
Best for brands that want maximum risk transfer and have strong, durable unit economics.
Corporate / Guaranteed Tier
For larger, credit-worthy commerce companies.
- We fund 70% of S&M spend; company co-funds 30%.
- Sharing: 70% of reference income to the cap.
- Duration-indexed multiple: 1.04×–1.17×.
- Backed by a parent guarantee.
- Mid-teens effective cost — cheaper, in exchange for credit support.
Best for scaled brands that can offer a guarantee to access lower-cost capital.
Same origination engine, two risk classes: cheaper guaranteed capital for corporates, richer non-recourse capital for growth-stage brands.
See each product in action
All case studies →Illustrative financing scenario
DTC skincare brand
A profitable skincare brand was leaving growth on the table because every dollar of acquisition spend competed with working capital. Non-recourse cohort financing let them scale proven channels without raising equity.
Illustrative financing scenario
Scaled home goods brand
A larger, credit-worthy commerce company wanted the lowest-cost capital available. The corporate tier traded a parent guarantee for duration-priced capital in the mid-teens.