Choosing between Financing and Secondaries depends on several factors, such as your desire to retain ownership of your shares, the availability of an active secondaries market for your company, your company's policies on ownership transfer, and whether you need funds to cover the exercise cost of your options. If you're unsure, our equity strategists can help you evaluate your options and make an informed decision.

Secfi generates revenue through fees associated with our services:

• For secondary sales, we charge a 5% service fee for brokering the deal and supporting you throughout the process.
• For financing, we have a 5% service fee, an Advance Rate (which resembles interest, compounds quarterly, and is added to the repayment amount during settlement), and an Equity Fee (calculated as a portion of the value of your shares upon exit). The specific rates depend on your company and stock options.

While anyone can submit a request for financing or secondary sales, we typically work with later-stage companies. Ideally, you have equity in a company expecting an exit in the next few years, with annual recurring revenue (ARR) of $150 million or more, and a valuation well over $1 billion. We encourage you to create a request for Secfi Financing or Secfi Secondaries. Our team will review your request and let you know if we’re able to move forward.

Secfi does not take control or ownership of the shares at any point in the agreement. You will remain the sole owner and beneficiary of the shares at all times.

While we hope this isn’t the case, it does happen. If it does, you don’t have to pay anything back. Seriously.