SaaS Loans: Uncapped Expands Geographical Footprint, Secures £200M to Offer Services to US and European Entrepreneurs
Private equity firm Fortress Investment Group provides debt facility to Uncapped for expansion.
Uncapped, a leading revenue-based finance provider, has successfully secured a £200 million debt facility from Fortress Investment Group, a New York-based private equity firm. This funding will enable Uncapped to expand its finance services for entrepreneurs and businesses in the United States and Europe.
With operations in the United States, United Kingdom, Germany, Spain, and Poland, Uncapped offers short-term financing options ranging from £10,000 to £10 million. The company provides fixed-term loans, SaaS runway loans that offer up to 50 percent of a company's ARR upfront, and specialized Amazon seller funding with repayment terms starting as low as 0.8 percent per month.
Since its inception, Uncapped has supported over 1,000 founders across various sectors, including e-commerce, direct-to-consumer outfits, fashion, SaaS, gaming, and app development. The company's commitment to providing capital to entrepreneurs has made it a trusted partner in the industry.
In June 2022, Uncapped acquired Sugar, a London-based game and app developers specialist in revenue-based financing (RBF). This strategic move further strengthened Uncapped's position in the market and expanded its capabilities to serve a wider range of entrepreneurs.
Major backers of Uncapped include European venture capital firms Seedcamp, Lakestar, Mouro Capital, and All Iron Ventures. The company is also supported by Silicon Valley's Global Founders Capital and White Star Capital, as well as Wise founder and CEO Taavet Hinrikus.
The new £200 million debt facility from Fortress Investment Group will allow Uncapped to expand its innovative financing options to even more entrepreneurs and small businesses in the United States, United Kingdom, Germany, Spain, Poland, and other European markets.
With flexible and fast funding offers ranging up to £10 million per company, Uncapped aims to provide founders and small business owners with the capital they need to grow and succeed in today's dynamic economic environment.
