How to use Debt Financing to grow your SaaS, with Steve Benson (Founder of Badger Maps) - podcast episode cover

How to use Debt Financing to grow your SaaS, with Steve Benson (Founder of Badger Maps)

Jun 22, 202336 minEp 3Transcript available on Metacast
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Episode description

In this episode of The Bootstrapped SaaS Operator, Steve Benson joins us to discuss tech recession and debt financing for SaaS.


Tune in to learn more about:

~ How to keep afloat in the looming tech recession?

~ Strategic reason behind using debt financing.

~ Things to keep in mind for debt financing.


Timestamps

  • (00:00) - Intro
  • (00:30) - What Problem does Badger Maps solve?
  • (01:43) - Is it a challenge to work with old-school field sales industries?
  • (06:41) - How did Steve handle the impact of COVID and his advice for presumed tech recession?
  • (14:15) - Hard decisions for early-stage startups.
  • (16:43) - Steve's experience with debt financing.
  • (23:46) - Main things to look at when applying for debt.
  • (31:52) - Strategic reason for using debt.
  • (35:35) - Outro


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Follow Steven Benson

On LinkedIn: https://www.linkedin.com/in/stevenbenson

On Twitter: https://twitter.com/stevebenson


Mentioned In The Episode

Badgermapping.com - Steve’s Current Startup

ReactSquad.io - React.js Agency for Startups

Founderpath.com - SaaS-focused funding platform


EarlyNode

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Nikolas Chapoupis

On Twitter: https://twitter.com/nikolas_chap

On LinkedIn: https://de.linkedin.com/in/nikolas-chapoupis