We've helped employees from leading companies
Designed to help limit your personal risk
You retain ownership of your shares
We provide with the cash you need. You retain full ownership of your shares.
No personal recourse. No personal assets on the line
You only owe the amount financed plus a fee when your company goes public or gets acquired.
No repayment until liquidation event
You don’t pay anything until your company goes public or gets acquired. And if you don't, you never have to pay it back. Really.
What to expect
Your situation is unique. During your intro call, you’ll meet with an equity strategist who will get to know you and understand your needs.
Your proposal outlines the potential outcomes, associated costs, and fees for the financing. The proposal aims to provide you with a clear picture of the potential benefits and obligations involved so you can make an informed decision.
We’ll provide a contract that outlines the terms and conditions of the financing. This step formalizes our agreement and ensures transparency about the process and expectations.
Depending on your specific situation, we will either wire the funds directly to your company to cover exercise costs or transfer them to you for liquidity or to pay your taxes.
Our financing adapts to your liquidity needs
Option Exercise Financing
Get the funds to exercise your options, including taxes
- Become shareholder ahead of an IPO
- Retain your shares and benefit from potential future upside
- Start the clock on long-term capital gains
Liquidity Financing
Get liquidity for discretionary spending
- Access to funds for a current financial need
- Retain your shares and benefit from potential future upside
- Obtain liquidity without triggering a taxable event.
What our clients are saying
Testimonials are specific to an individual Client’s experience and may not be representative of all Clients. Unless otherwise indicated, Clients offering a Testimonial do not receive compensation and their statement does not present a conflict of interest.
Financing allows you to act today without selling your shares
Here's who you'll work with
Vieje Piauwasdy
Senior director of equity strategy
Natalie Cook
Client & Investor Operations Manager
John Klingler
Senior Manager, Equity StrategyHere's what people are asking
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.
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 generates revenue through fees associated with our services:
- For secondary sales, we charge a 5% transaction fee for brokering the deal and supporting you throughout the process.
- For financing, we have a 5% platform fee, an Advance Fee (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.
Not exactly. We provide non-recourse financing. The major difference is that your stock options are the only collateral, so none of your personal assets are at risk and you don’t need to pay it back unless your company exits.
While we hope this isn’t the case, it does happen. If it does, you don’t have to pay anything back. Seriously.
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.
Would you rather sell your shares?
We’ll help you find a buyer for your pre-IPO shares.
Learn more