Dynamic capital

Capital priced by yournumbers, not your pitch.

€10k to €500k, funded in 24 hours. No applications, no underwriting calls, no personal guarantee. And the price drops every time your numbers improve, because Luca already sees them.

No application · No personal guarantee · Capital is unlocked, not applied for

Funding speed
0hours
from request to funded, straight to your operating account
Advance range
0k0k
sized to the opportunity, not the lender's quota
All-in cost
00%
and cheaper every draw, the only lender that rewards a better month

The capital problem today

Existing capital is structurally misaligned with you.

Every incumbent shares one incentive: deploy as much capital as possible, as expensively as possible, with as little risk as possible. Yours is the opposite.

Banks

6 weeks of paperwork, 4 weeks to process, to be told no

90-day approval, personal guarantee, covenants, three years of financials. By the time the money arrives, the opportunity is gone. We've all been there.

"We need a bridge for Q4 inventory. We need it in August. The bank says November."
RBF providers

Push the largest advance, lock in the price

Wayflyer and Clearco price off your application month, and you pay for it the next twelve. They're incentivised to maximise the advance.

"They offered €420k. I needed €150k. The other €270k sits in my account costing 12% and earning nothing."
Native platform credit

Stripe, Shopify, Amazon Lending

Cheap and fast, but blind to anything outside the platform. No view of your whole business. No advice on whether you should even take it.

"Stripe offered me capital on my sales. They don't know my COGS, my ad spend, my actual return on capital."
Luca Dynamic Capital

Aligned with you by design.

Priced by your real numbers, sized to the opportunity, and cheaper every time your business improves. The only provider that makes money when you grow, not when you overborrow.

See how it works

How dynamic capital works

One continuous loop. Capital that's underwritten by the time you need it.

Because Luca already sees your whole business in real time, capital doesn't need to be applied for. It's simply unlocked.

The loop runs continuously. Your next advance is always underwritten before you ask.
DiagnoseHealth estimated in real time
SizeRight advance for the opportunity
PriceReflects current health, not history
FundWired within 24 hours
MeasureTracks deployment outcome
Re-priceNext draw vs. improved numbers
Continuous
Underwriting
01DiagnoseHealth estimated in real time
02SizeRight advance for the opportunity
03PriceReflects current health, not history
04FundWired within 24 hours
05MeasureTracks deployment outcome
06Re-priceNext draw vs. improved numbers
Stage 01 · Diagnose
Continuous underwriting

Capital is unlocked, not applied for.

Luca underwrites continuously, in real time. So when you need capital, the underwriting is already done.

  • No application
  • No 14-page DocuSign
  • No two months of bank statements
Stages 03 + 06 · Price & re-price
Real-time pricing engine

A better month means cheaper capital.

March draw
€50k
priced on a weak Q1
April draw
€50k
materially cheaper

Same business, same lender, one month later. Wayflyer would price both off March. Luca re-prices to your improved Q2.

The capital rewards you for the work the intelligence layer told you to do.

Feature deep-dive

What Dynamic Capital does, feature by feature.

Every feature fixes a structural misalignment in how capital works today, because Luca only does well when you do.

01Performance-linked pricingScore drives price

What it does. Every change in your business updates your health score in real time, and each advance is priced against that score. More accuracy, tighter spreads, cheaper capital, and you see exactly which inputs moved the price, and by how much.

Why it matters. Traditional lenders are structurally unable to reward operators who improve. Dynamic pricing does. Over twelve months of draws, that difference compounds into tens of thousands.

Feature keywords
  • Continuous underwriting
  • Live business health scoring
  • Per-advance, performance-linked pricing
  • Transparent fee structure
  • Pricing reasoning trace
  • No application required
02Right-sized, rolling capitalTake less, take often

What it does. Luca recommends the right advance for the opportunity, not the largest you'd qualify for, and defaults to a rolling sequence of smaller draws (€10k–€50k) released as you need them, each priced against current health.

Why it matters. Idle capital is the most expensive capital. €270k sitting at a 12% cost-of-capital is an anchor in your P&L. You pay only for what you use, when you use it.

Feature keywords
  • Optimal advance sizing
  • "Take less" advisory
  • Rolling, just-in-time draws
  • Idle-capital prevention
  • Anti-overborrow guardrail
  • Continuous availability
03Revenue-share repaymentFlexes with your sales

What it does. Repayment is a small share of daily sales, typically ~3.5%. Stronger week, faster repayment; slower week, smaller deduction. No fixed monthly payment, no covenants, no late penalties, because there's no "late." You pay out of cash you actually have.

Why it matters. Fixed-term debt punishes slow months and idles fast ones. Revenue share auto-flexes with the business, removing cash-flow stress when you can least afford it. It runs automatically off your payment processor. You never touch it.

Feature keywords
  • Revenue-based financing
  • ~3.5% of daily sales
  • Auto-deducted at source
  • No fixed term
  • No late penalties
  • Flexes with the sales cycle
0424-hour fundingOpportunity has a half-life

What it does. From "yes, draw it" to money in your operating account: ~24 hours, often faster. Because underwriting is continuous and pre-computed, there's no approval window, just disbursement.

Why it matters. The Meta auction that's profitable this morning isn't next month. Inventory ordered tomorrow ships in November. Capital that arrives a week late costs more than capital that costs 2% more but lands on time.

Feature keywords
  • 24-hour deployment
  • Same-day where eligible
  • No approval window
  • Auto-wire to operating account
  • Stripe Treasury / direct deposit
  • Pre-computed credit decision
05No personal guarantee, no dilution, no covenantsFounder-friendly terms

What it does. Luca requires no personal guarantee, takes no equity, and imposes no covenants on how you run the business. The advance is non-dilutive financing collateralised by future revenue.

Why it matters. Bank debt puts your house on the line for inventory. Venture capital dilutes ownership permanently. Covenant-heavy debt restricts hiring, pricing and capex. Luca asks for none of it.

Feature keywords
  • Non-dilutive financing
  • No personal guarantee
  • No equity dilution
  • No covenants
  • Future-revenue collateral
  • Founder-friendly terms
06Transparent all-in costOne number, all-in

What it does. One all-in number: 8–12% typical, sometimes less for stronger health scores. No origination fee, no servicing fee, no late fee, no early-repayment penalty, no FX markup, no bundled insurance. The cost you see in the app is the cost you pay.

Why it matters. Traditional pricing is famously opaque: flat fee plus servicing plus retrieval rate plus minimum payback plus undisclosed surcharges. Luca is the opposite: you can model the exact cost of any advance before you take it.

Feature keywords
  • All-in cost disclosure
  • 8–12% typical
  • No origination fee
  • No early-repayment penalty
  • No hidden surcharges
  • Pre-draw cost modelling

The "take less" feature

The only source of capital that recommends against itself.

When the opportunity isn't worth the spread, Luca tells you to wait. When idle capital would hurt your runway more than no capital would, Luca says no.

Marginal return · this month's rate
Clears its cost
Below break-even
Take €50k
Take €300k

This isn't generosity. It's incentive design. Luca makes most of its money on the subscription and a thin margin on the capital. Lenders that live on advance spreads can't say this. We can.

"If someone comes and says 'I want to take €300k,' our response is: 'Are you sure? You're going to pay a really high fee, and there's money that'll sit idle. Take €50k now, put it to work, see the return, and then scale up.'"

EB
Eric Bidinger
CEO & Co-founder, Luca

Use cases

What founders actually fund
with Luca.

Four moves where Dynamic Capital pays for itself. No application, no personal guarantee.

Inventory financing

Q4 stock for November delivery

Buy inventory in August for the peak. Luca models the staged cadenc: 150k August, €170k September, €100k October, instead of one €420k drop. Each draw priced against current health.

€11k saved on a €420k deployment: 6.4% blended vs. 8% single-advance.
Ad-spend scaling

Fund a winning campaign immediately

Luca sees Meta hitting 3.4× ROAS and your cash supports a €25k bump. Capital lands by tomorrow morning. Repayment runs at 3.5% of daily sales until cleared.

Scale captured before the auction shifts. Capital cleared in 22 days.
Supplier prepayment

Lock in better terms with cash on hand

Suppliers offer 4% net-30 discounts you can never take. Draw €30k at ~10% annualised, capture the 4% discount upfront, repay in 35 days.

Net margin lift on every prepaid order. Compounds annually.
Bridge capital

Cover a temporary cash dip

PSP holdback froze €60k. Bank settlement delayed two weeks. Luca bridges €40k overnight while the receivables clear. No personal guarantee, no DocuSign.

No missed payroll, no emergency card debt. Cleared in 14 days.
0k
saved on inventory
0 days
to clear a scale-up
0%
supplier discount captured
0k
bridged overnight

How Luca compares

Dynamic Capital vs. everything else.

Named competitors. Where Luca isn't ahead, we say so.

Luca Dynamic Capital Wayflyer / Clearco Stripe / Shopify Capital Bank line of credit
Time from request to funded 24 hours 3–7 days 1–2 days 4–12 weeks
Application required No, pre-underwritten Yes, full No, in-app Yes, extensive
Pricing model Dynamic per-advance Application snapshot Platform-data snapshot Fixed APR
Cross-functional underwriting Marketing × finance × ops × cash Commerce + payments only Single-platform data only Historical financials
Advance-sizing incentive Recommends "take less" Push largest possible Maximise platform GMV Sell relationship products
Personal guarantee None None None Required
Equity / dilution None None None None
Repayment mechanism ~3.5% of daily sales, auto % of sales, auto % of sales, auto Fixed monthly + interest
Late penalty / covenants None None None Yes, both
Built-in intelligence layer Full AI operating system Basic dashboard None None

Capital, answered

The questions every operator asks about capital.

Direct answers. No fine-print theatre.

What's the actual all-in cost?

Typically 8–12% of the advance amount, all-in. So, a €50k advance costs roughly €4,000–€6,000, total. No origination fee, no servicing fee, no late fee. The number you see in the app is the number you pay. For customers with strong health scores, the all-in cost can be materially lower; you'll see the exact figure before you confirm any draw.

How is the price determined?

The pricing engine reads your current health score, which is a weighted blend of marketing efficiency, cash position, operational health, customer retention quality and margin structure. Each input is shown to you with its current value and its directional impact on price. If your retention improved by 4 points this month, you'll see exactly how much that lowered your next draw's cost.

What's the minimum and maximum advance?

€10,000 to €500,000 per advance, typically. The minimum is set so unit economics work for both sides. The maximum depends on your business's revenue run-rate and health score. Most operators won't be offered the cap, and most won't need it. Multiple smaller advances are the default model.

How does repayment work mechanically?

~3.5% of your daily Shopify/Stripe/PSP settlements is auto-deducted at source and applied to the outstanding balance. Stronger sales day → larger payment → faster clearance. Slower sales day → smaller payment. No fixed monthly payment to plan around. Repayment runs invisibly, most customers never think about it.

Can I repay early without penalty?

Yes. There is no early-repayment penalty. Pay it down whenever you want, full or partial. RBF pricing is a flat fee, not interest, so early repayment doesn't change the cost, but it frees up your sales share for the next draw immediately.

What happens if my sales drop?

Your repayment scales down automatically because it's a percentage of sales, not a fixed amount. There's no covenant breach, no late fee, no default trigger from a slow quarter. The advance just takes longer to clear. Cash-flow stress doesn't compound.

Is there a personal guarantee or any kind of equity?

No personal guarantee. No equity. No warrants. No covenants restricting hiring, capex or pricing. Future revenue is the collateral. Your house, your car and your cap table are untouched.

Who actually issues the loan?

Capital is provided through Luca's regulated lending partners and institutional credit facilities. The lender-of-record varies by jurisdiction; you'll see the issuing entity, license number and full terms before you confirm any advance. Nothing is hidden behind a "brought to you by" disclaimer.

Can I use Luca for intelligence only and skip the capital?

Of course. Many customers run Luca for the analytics, forecasting and proactive agent without ever drawing capital. The Capital layer is available to you, but it's not required. When you don't need it, it doesn't get in the way.

When the math works, the capital is already there

Stop applying for capital.
Start drawing it.

Book a demo. We'll show you what your live health score looks like, and what your next advance would cost, in real numbers, on your real data.

14-day free trial · No credit card required · Connect your business in under 5 minutes