Paintbrush

$50k funding at the idea stage—yes, really.

4.6•10 reviews•

974 followers

$50k funding at the idea stage—yes, really.

4.6•10 reviews•

974 followers

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Fundraising resources

That chicken-and-egg problem of not being able to get funding until you have a business, but not being able to build a business until you have funding? Solved. Get your funding at the idea stage, so you have the time and money to build.

This is the 2nd launch from Paintbrush. View more

Same-Day Startup Funding by Paintbrush

Apply, get approved, and get a $50k startup loan in one day

The earliest funding for startups is now also the fastest... The Paintbrush Loan is now available with same-day funding.* Apply, get approved, and get funded all in the space of a few hours. *Available for loans accepted before 2:50 EDT, business days

Same-Day Startup Funding by Paintbrush gallery image

Launch tags:

Fintech•Venture Capital•Fundraising

Launch Team

Stephen Walter

Sunset

Maker

📌

Hey PH community, we are so excited to announce same-day financing! We announced the official launch of Paintbrush a few months ago and the support from the Product Hunt community was incredible, so of course we had to come back to tell you we just launched a major update. We have always been the earliest startup funding platform on the internet, now with same-day financing, we are also the FASTEST. Startups and founders deserve better options than credit cards and VCs. That’s why we created Paintbrush. If you are ready to expand your side-hustle, start a small business, or grow your startup, there is now a new option with Paintbrush. Looking forward to your questions and support.

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2yr ago

Scott Wessman 🇺🇸

Hey Stephen, long time listener, first time caller. What’s the difference between doing this kind of loan and just going to a bank or something? Thanks and I will take my answer off the air.

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2yr ago

Stephen Walter

Sunset

Maker

@scottew Thanks Scott, I think the biggest difference isn't even the ease of use, it's the availability. As far as I know, no bank offers a commercial term loan to pre-launch startups. I've told this story to our daily listeners many times, but I personally walked into a number of banks looking for a true startup loan, to no success.

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2yr ago

Gregory Schulz

@scottew Stephen is absolutely correct, and I think people generally don't have a clear picture of what role bank debt plays in the economy. As Stephen rightly points out, bank debt doesn't function to capitalize new ventures. Rather, bank debt functions to: (1) help with the acquisition or hard assets (e.g., equipment, buildings), (2) help smooth cashflow for business with longer collection cycles, and (3) increase return on equity for profitable businesses by reducing working capital that the business's owners must commit. Capitalizing new ventures has been dominated by VCs in the last 40 years, but Paintbrush seems to be opening up a new mechanism.

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2yr ago

Stephen Walter

Sunset

Maker

@scottew @gregory_schulz Thank you!

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2yr ago