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Introducing Balance Sheet as a Service (BSaaS)

With BSaaS, we buy your invoice and put it on our balance sheet. It’s a one-time, non-dilutive transaction that delivers you capital exactly when you need it.

Hero Image

Repeat/MoM users

83%

Repeat customers increase their transaction size

+142%

Approved as fast as

within hours

Why BSaaS is your answer

We get it. You’re a purposeful, quick-growth brand dedicated to solving complex problems with highly technical solutions. You’re thrilled to contract with the U.S. government so that your cutting-edge innovation can help advance our national security.

But government contracts also require fast access to working capital to actually fulfill them. Due to bureaucracy and long pay cycles, it could be months before the government pays your invoice. In the meantime, you need to secure capital for cash flow.

The problem is, companies like yours tend to be underfunded by traditional players. Compared to other similar-sized mainstream industries, we’ve seen that for a variety of reasons, your sector isn’t always granted the same financial resources in the form of debt, investment, or capital.

How BSaaS works

We at Leonid (previously Endeavour) knew there had to be a better, simpler way to get cutting-edge government contractors the capital they need to keep their work going. We made it our mission to develop this method—and we did.

Our trusted BSaaS funding model helps mission-oriented visionaries like you quickly deliver the very best technology into the hands of those who protect our country.

Here’s how it works.

01

Send an invoice

You invoice your client, and send a copy to us.

02

Get your advance

We advance you up to 90% of the invoice value, typically within hours.

03

Your clients pays us

When the invoice is due, your customer pays us.

04

You receive balance

We send the balance of the invoice to you, minus our transaction fee.

Our Clients

We believe our relationship with Leonid Finance will help us to expand our operations and move quickly within a dynamic supply chain environment.

This agreement will ultimately help us bring a life-saving product to market more quickly, making our customers’ operations safer.

Caleb Carr
President and CEO, Vita

A trusted capital provider of the department of defense

Our partnership with Leonid Finance has provided our founders the opportunity and freedom to develop critical next-generation technologies and services. Thank you for the continued support!

Christian Melton
Director, US Air Force Accelerator Program MassChallenge