Who Can Apply For Financing
Each RAIN® fund has its own focus that is determined by fund members, including, in some cases, a geographic focus. In general, emerging companies that need early stage capital, or financing to support expansions, turnarounds, ownership transitions and related growth opportunities, are eligible to be considered for financing. Ideal candidates for financing consideration are manufacturing and technology businesses that have already raised some capital from angel investors (family and friends), have the potential to become at least a $10 million company in five years or less and have a competitive advantage in their industry. RAIN funds do not typically invest in retail, service, mining or timber operations.
Levels of Financing
Through its network of RAIN funds, RAIN Source Capital has the ability to provide up to $3 million in capital. Companies have the opportunity to be considered by more than one fund. Capital comes from a number of RAIN funds and others in the network.
The Process
Companies that would like to be considered for financing can contact RAIN Source Capital at (651) 632-2140. Initial screening involves providing preliminary information on our web-based system, RAIN®street. Companies selected for a next level of screening will be given the opportunity to present to a RAIN fund.
Timing
RAIN Source Capital works to provide timely feedback and expedite companies through the process. If a company is selected for financing, the process typically takes 3 to 6 months from a company’s initial inquiry until the first check is mailed.
Companies That Receive Financing
RAIN Source Capital offers competitive investment terms and conditions, commensurate with the geographic business environment. Companies that receive financing can be considered for follow-on funding by one or more RAIN funds.
RAIN Source Capital and the RAIN funds work to create, build and nurture solid growth companies. Together, we contribute strategic, financial and operational expertise to help grow your company.
CONTACT US
To inquire about financing opportunities, contact RAIN Source Capital at (651) 632-2140 or visit us on the web at www.RAINsourcecapital.com.
Each RAIN® fund has its own focus that is determined by fund members, including, in some cases, a geographic focus. In general, emerging companies that need early stage capital, or financing to support expansions, turnarounds, ownership transitions and related growth opportunities, are eligible to be considered for financing. Ideal candidates for financing consideration are manufacturing and technology businesses that have already raised some capital from angel investors (family and friends), have the potential to become at least a $10 million company in five years or less and have a competitive advantage in their industry. RAIN funds do not typically invest in retail, service, mining or timber operations.
Levels of Financing
Through its network of RAIN funds, RAIN Source Capital has the ability to provide up to $3 million in capital. Companies have the opportunity to be considered by more than one fund. Capital comes from a number of RAIN funds and others in the network.
The Process
Companies that would like to be considered for financing can contact RAIN Source Capital at (651) 632-2140. Initial screening involves providing preliminary information on our web-based system, RAIN®street. Companies selected for a next level of screening will be given the opportunity to present to a RAIN fund.
Timing
RAIN Source Capital works to provide timely feedback and expedite companies through the process. If a company is selected for financing, the process typically takes 3 to 6 months from a company’s initial inquiry until the first check is mailed.
Companies That Receive Financing
RAIN Source Capital offers competitive investment terms and conditions, commensurate with the geographic business environment. Companies that receive financing can be considered for follow-on funding by one or more RAIN funds.
RAIN Source Capital and the RAIN funds work to create, build and nurture solid growth companies. Together, we contribute strategic, financial and operational expertise to help grow your company.
CONTACT US
To inquire about financing opportunities, contact RAIN Source Capital at (651) 632-2140 or visit us on the web at www.RAINsourcecapital.com.