The last in our 5 blog series explaining what Klub offers as Revenue Based Financing and how to sign up for it…
Check out the rest here to stay updated.
Klub RBF enables a company to share a percentage of future revenue with an investor in exchange for capital. Our product is optimized for a brand’s cash flows helping brands to focus on growth, not financing.
Offering brands transparent pricing with end-to-end support by our in-house experts, Klub makes getting funding an easy and hassle-free experience
We follow a simple process to get brands their capital.
To start:
1. Apply
Request for an intro call with one of our brand team members by signing up here or writing to us at brands@klubworks.com.
Our brand partnerships team get in touch with you within 24 hours, to explain the product and the process to you. If you are interested, you can choose to apply via the form they share with you. In the meantime — do go through our FAQs here.
2. Information sharing
Share financial and operational information required to assess your funding needs. We typically ask for (i) audited financials / provisional financials, (ii) GST filings and bank statements capturing revenues to triangulate your revenue trajectory, (iii) use of funds details for our preliminary assessment.
3. Investment sanction
If your information clears our risk assessment team’s guidelines, we issue a preliminary term sheet with all the details on the amount of funding being committed pricing, tenure, terms and contingent, This term sheet is contingent on KYC checks being cleared for founders and the company.
Typically, once we receive the relevant information, our term sheet issuance happens within 4–5 working days.
4. KYC and Diligence
Standard KYC and diligence checks include verifying key management /directors and the company KYC.
5. Capital sourcing and disbursement
Klub sources its capital from its patron investors and institutional partners to invest in the brand post diligence completion.
End to end, this process takes about 3 weeks, from application to disbursement, depending on the speed at which the brand can work with us to provide the necessary inputs at every stage.
And just like that — we’re in business.
We understand the pressure that business owners are under and aim to be an essential part of their financing efforts, to add value to brands and partners in being sustainable and successful while running their businesses smoothly.
Because of this understanding, Klub is building a hybrid RBF marketplace — which links to both individual and institutional capital providers — to source an innovative form of alternative financing for consumer brands in India.
We look forward to building and scaling our relationships with our partners at their individual stages of development.
Thanks for reading. Klub’s mission is to revolutionize growth capital for loved brands through Revenue Based Financing. Get to know more about us and our plans for RBF in India in our next post, stay tuned!
If you’re interested in growing on your terms with a partner who is here to support you, reach out to us at brands@klubworks.com. For more information, visit https://klubworks.com.
