i80 Group announced a senior-secured credit facility of up to $100 million for Lighter Capital. This boosts Lighter’s ability to expand its non-dilutive financing solutions for SaaS and tech businesses. The partnership helps Lighter boost its origination and funding for revenue-based growth capital. This option gives an alternative to venture capital and bank loans, while keeping founder equity intact. Highlighting the rationale behind the move, Peter Frank, Managing Director at i80 Group, stated, “Lighter has established itself as a trusted leader in non-dilutive financing, and we are excited to support their mission by providing this substantial facility. This commitment underscores our focus on partnering with best-in-class platforms.”
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Lighter Capital CEO Melissa Widner emphasized the demand environment, noting that “i80 Group’s deep expertise in structured credit and their alignment with our founder-first philosophy make them an ideal partner… especially in a market where equity fundraising remains challenging.” The facility will allow Lighter to continue scaling its impact, having already deployed over $500 million to subscription-based and technology-driven businesses. For i80 Group, the partnership reinforces its strategy of supporting specialty finance platforms through structured, asset-based funding programs.
