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