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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
The SaaS Operator NewsletterGet actionable insights from SaaS veterans to grow your MRR.
Join hundreds of PLG founders at: EarlyNode.com/Subscribe
Follow Steven BensonOn LinkedIn: https://www.linkedin.com/in/stevenbensonOn Twitter: https://twitter.com/stevebenson
Mentioned In The EpisodeBadgermapping.com - Steve’s Current StartupReactSquad.io - React.js Agency for StartupsFounderpath.com - SaaS-focused funding platform
EarlyNodeOn LinkedIn: https://www.linkedin.com/company/earlynodeOn Twitter: https://twitter.com/EarlyNodeOn Instagram: https://www.instagram.com/earlynode_crew/On Facebook: https://web.facebook.com/earlynodeOn YouTube: https://www.youtube.com/@earlynodeOn TikTok: https://www.tiktok.com/@earlynode
Nikolas ChapoupisOn Twitter: https://twitter.com/nikolas_chapOn LinkedIn: https://de.linkedin.com/in/nikolas-chapoupis