Venture debt: Determining when it’s the right path for your business
For startup companies lacking the cash flow or liquid assets to obtain a traditional bank loan, venture debt could be the answer to help elevate them to the next level.
Startups often lack many of the characteristics that would give traditional lenders comfort that a regular commercial loan would be a good deal for them. Venture debt can be an alternative to help bridge the gap to a company’s next valuation.