Clear decision guides for you
Straight comparisons of the tools you're choosing between, honest about where each one falls short. Where we quote a benchmark, we show its source.
44 guides of 1,000
Pipe vs Capchase vs Mercury: Revenue-Based Financing & Venture Debt
Compare Pipe, Capchase, and Mercury venture debt for startup capital: non-dilutive financing, advance fees, covenants, and repayment mechanics.
Pipe vs Capchase: Financing B2B SaaS ARR Without Dilution
Compare how Pipe and Capchase fund B2B SaaS growth from contracted ARR, what each one costs once amortization is factored in, and which fits your renewal risk.
Pipe vs Capchase for Custom Software Shops: What Qualifies
Custom software firms mix project billing with recurring contracts. See which revenue Pipe and Capchase can finance and where venture debt fits better.
Pipe vs Capchase for MSPs: Financing Managed Services Contracts
Managed services contracts look a lot like SaaS ARR. See how Pipe and Capchase treat that recurring revenue and what break/fix work can't get you.
Pipe vs Capchase for Fintech: Financing Subscription vs Volume Revenue
Fintech and embedded finance platforms often run two revenue lines. Here's why Pipe and Capchase can finance one cleanly and struggle with the other.
Does Consulting Revenue Qualify for Pipe or Capchase Financing?
Most consulting revenue is project or success-fee work that won't qualify for Pipe or Capchase. Here's what actually does, and what to do if yours doesn't yet.
Pipe vs Capchase for CPA Firms: Financing the Write-Up Book
Monthly write-up and bookkeeping clients look like recurring revenue to lenders. See how Pipe and Capchase treat that book and the mistakes firms make.
Pipe vs Capchase for Law Firms: What an OGC Retainer Can Finance
Outside general counsel retainers look recurring, but trust accounting and bar ethics rules change how a law firm can use Pipe and Capchase.
Pipe vs Capchase for Agencies: Retainers vs Ad Spend Pass-Through
A performance agency's ad spend pass-through can dwarf its fee revenue. See why only the management fee qualifies for financing and what to do about the rest.
Pipe vs Capchase for Fractional Exec Firms: Retainers vs Placements
Fractional executive retainers bill monthly like a subscription. Search fees don't. Here's how that split shapes what Pipe or Capchase will finance.
Pipe vs Capchase for Staffing Firms: Why Factoring Often Fits Better
Staffing firms run three fee models, and most bill more like invoice factoring than SaaS ARR. Here's where Pipe and Capchase actually fit, and where they don't.
Pipe vs Capchase for Engineering Firms: On-Call Contracts Explained
Most engineering project fees are milestone-based, but on-call municipal task-order agreements bill more predictably. See what Pipe and Capchase can finance.
Pipe vs Capchase: Phase Billing for Architecture Firms
Architecture fees are billed by design phase, not on a recurring schedule. See the one client relationship that can still qualify for Pipe or Capchase.
Pipe vs Capchase for RIAs: Financing Recurring AUM Fees
AUM-based advisory fees are among the cleanest recurring revenue fits for Pipe and Capchase, with one Advisers Act catch to check before you apply.
Does Biotech Consulting Revenue Qualify for Pipe or Capchase?
Grant-funded and milestone-based biotech consulting rarely fits Pipe or Capchase. See the one kind of retained work that might qualify, and the alternatives.
Pipe vs Capchase for Tax Firms: Financing Compliance Retainers
Multi-state compliance retainers bill recurring, while annual return preparation doesn't. Here's what Pipe and Capchase can work with at a tax advisory firm.
Pipe vs Capchase for HR Consultants: Retainers vs Comp Studies
Fractional HR retainers bill recurring, but compensation studies and one-time projects don't. Here's what Pipe and Capchase can work with at an HR consultancy.
Pipe vs Capchase for M&A Advisors: Success Fees Don't Qualify
M&A success fees are the opposite of recurring revenue, and neither Pipe nor Capchase can finance them. See what a boutique advisory firm can finance.
Pipe vs Capchase for DTC Brands: Subscription Revenue Only
One-time purchases don't look like ARR to a lender. Here's why only subscribe-and-save revenue qualifies for Pipe or Capchase, and what else to use.
Pipe vs Capchase for Distributors: Why Factoring Usually Fits Better
Purchase orders aren't recurring revenue, so most distributors fit inventory or invoice financing better than Pipe or Capchase. Here's the exception.
Pipe vs Capchase for Apparel Brands: Subscriptions vs Wholesale POs
Wholesale purchase orders and seasonal drops don't qualify as ARR. Here's why only a subscribe-and-save program can be financed, and how returns affect it.
Pipe vs Capchase for B2B Marketplaces: Take Rate vs Subscription Fees
Take-rate commission revenue behaves like interchange, not ARR. Here's why only listing or subscription fees qualify for Pipe or Capchase on a B2B marketplace.
Pipe vs Capchase for Retail Brands: Memberships Over General Sales
Retail sales across channels don't count as recurring revenue. Here's why only a paid membership program can be financed, and how trade credit compares.
Pipe vs. Capchase for Paid Newsletters and Membership Communities
How a paid newsletter or high-ticket membership business should weigh Pipe against Capchase, and what actually qualifies for either one.
Why Pipe and Capchase Rarely Fit General Contractors, and What Does
For commercial general contractors, Pipe and Capchase usually don't match how construction revenue works. Here's what to check and what to use instead.
Financing a 3PL or Trucking Fleet: Where Pipe and Capchase Actually Help
A step-by-step look at whether Pipe or Capchase fits a freight logistics or trucking fleet business, and where factoring is still the better default.
A Financing Checklist for Precision Contract Manufacturers
Before comparing Pipe and Capchase, run this checklist for precision contract manufacturers to see whether either product actually fits your revenue.
A Worked Example: Financing a Commercial Building Materials Distributor
A worked example showing where Pipe and Capchase do and don't fit a commercial building materials supplier's seasonal, trade-credit revenue.
Do Pipe or Capchase Fit an Industrial Field Service Business? A Q&A
Straight answers on whether Pipe or Capchase fits an industrial equipment repair and field service business with recurring maintenance contracts.
Financing Temperature-Controlled and Hazmat Freight: Where Pipe and Capchase Fit
Decision criteria for whether Pipe or Capchase fits a temperature-controlled or hazmat trucking operation, and what to check before either one.
A Worked Example: Financing a Commercial Solar EPC's O&M Revenue
A worked look at where Pipe and Capchase do and don't fit a commercial solar or energy EPC business, split between project and O&M revenue.
Financing a Dental Support Organization: Pipe, Capchase, and What DSOs Actually Use
How a growing dental support organization should think about Pipe and Capchase against membership dues revenue, insurance collections, and roll-up financing.
Turning a MedSpa's Membership Program Into Financeable Revenue
A step-by-step look at building a real membership program in a medspa or specialty outpatient practice so Pipe, not Capchase, becomes a realistic fit.
A Financing Checklist for Multi-Hospital Veterinary Groups
A pitfalls-focused checklist for whether Pipe or Capchase fits a multi-hospital veterinary group's wellness plan revenue and roll-up growth.
Why Physical Therapy Networks Rarely Qualify for Pipe or Capchase Yet
Outpatient physical therapy revenue is mostly insurance fee-for-service, which doesn't fit Pipe or Capchase. Here's what would actually need to change.
Financing a Behavioral Health Group: Teletherapy Subscriptions vs. Insurance Billing
Decision criteria for whether Pipe or Capchase fits a multi-provider behavioral health group, split between insurance billing and subscription teletherapy.
Commission Volatility vs. Recurring Fees: Financing a Commercial Real Estate Brokerage
A tradeoffs-focused look at why commercial real estate brokerage commissions don't fit Pipe or Capchase, and where a property management arm changes that.
A Worked Example: Financing a Commercial and Multifamily Property Manager
A worked example showing why recurring monthly management fees make a property management company one of the stronger fits for Pipe in this cluster.
Does Pipe or Capchase Fit Your Portfolio Company? A Decision Framework
A framework for evaluating whether Pipe or Capchase fits a lower-middle-market PE portfolio company, and why the existing credit agreement matters first.
Should a Debt Advisory Firm Use Pipe or Capchase on Its Own Balance Sheet?
A commercial mortgage and debt advisory firm knows these products better than most clients. Here's whether either fits its own working capital needs.
A Checklist for Whether Pipe or Capchase Fits an Asset-Based Lender
A pitfalls-focused checklist for a specialty asset-based lending firm weighing Pipe or Capchase against warehouse funding for its own working capital.
Financing Growth for a Multi-Unit B2B Franchisee, Step by Step
A step-by-step runbook for whether Pipe or Capchase fits a multi-unit B2B franchisee, and why the franchisor agreement comes first.
A Worked Example: Financing Renewal Commissions at a P&C Brokerage
A worked example showing how renewal commission revenue makes a commercial property and casualty brokerage a genuine, if partial, fit for Pipe.
Why Federal Contract Revenue Doesn't Fit Pipe or Capchase, and What Does
Federal contract revenue looks nothing like what Pipe and Capchase underwrite. Here's why, and why contract factoring is this industry's standard tool instead.