Altriarch Asset Management announced the closing of a $15 million senior secured revolving credit facility for Bigfoot Capital. The facility includes a $10 million accordion feature, allowing for expansion up to $25 million.
Founded in 2017, and based in Denver, CO, Bigfoot is an alternative lender providing fully non-dilutive growth capital to established B2B software companies across the country. Since its inception, Bigfoot has successfully deployed nearly $100 million to more than 50 software companies. Bigfoot’s strategy is based on delivering founder-aligned capital solutions that prioritize long-term value creation over short-term transactions.
The two-year facility, including an optional one-year extension, will fund new loan originations to growth-stage SaaS companies.
“In our business, alignment is paramount, and that’s why I’m so excited to have partnered up with the Altriarch team,” said Brian Parks, Founder and CEO of Bigfoot. “Altriarch’s lending framework and partnership enables us to expand our platform, support more growth-stage SaaS companies, and seek to reinforce our long-standing track record of disciplined, high-performing credit.”
Danielle Brown, General Partner & CEO of Altriarch added, “We are proud to work with Bigfoot, a disciplined lender with a strong underwriting framework and impressive track record. This facility represents a strategic investment within our Lender Finance strategy, partnering with an experienced team that has a history of delivering strong results.”
This transaction reflects Altriarch’s continued focus on supporting innovative lenders with strong underwriting, differentiated borrower insights, and scalable growth platforms.
