Paintbrush

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

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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
Same-Day Startup Funding by Paintbrush gallery image
Same-Day Startup Funding by Paintbrush gallery image
Same-Day Startup Funding by Paintbrush gallery image
Launch tags:Fintech•Venture Capital•Fundraising
Launch Team
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What do you think? …

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.
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.
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.
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.
Stephen Walter
Sunset
Maker
Irina I.
FirstHR
My big congrats! Best of luck!
Stephen Walter
Sunset
Maker
Scott Rafferty
So excited for the team on the launch! What types of businesses best fit your model?
Stephen Walter
Sunset
Maker
@_scott_raff Thanks! The Paintbrush Loan works for high-growth startups, but also side-hustles and small businesses. We have customers who are building in LLMs, but also customers who are making custom cakes.
Ken Frei
If I need less than $50k, is there still a way to work with you guys? Love this idea. Congrats on the launch guys!
Stephen Walter
Sunset
Maker
@kenfrei There is no pre-payment penalty, so if you need less than $50k, I suggest repaying the amount you don't need immediately. Thanks for the support!
Morgan Davis
Really cool! Does it matter what type of business it's for? SaaS focused or open to non-software businesses, too?
Stephen Walter
Sunset
Maker
@morgan_davis1 Thanks! We can work with any type of business, software or non-software. One of our customers is a vintner!
Scott Evanson
How does taking a Paintbrush loan impact my ability to raise money from Angels or VC’s in the future?
Stephen Walter
Sunset
Maker
@scott_evanson We think that the Paintbrush Loan is additive to VC. In fact, my startup was the first Paintbrush Loan customer and we've raised over $5m in venture capital.
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