Venture Debt: A Legal Handbook for Founders
There are two main types of capital a company can raise: debt and equity. Traditionally, startups have raised capital through equity, but there are circumstances when borrowing money can make sense for a startup.
This handbook aims to help startup founders understand the benefits of venture debt, how a venture debt deal works and how to prepare for taking on this form of capital raising.
If your startup is in a high growth phase and looking to extend its cash runway, venture debt can be an ideal capital raising avenue.
In this guide, you'll learn:
- what venture debt is and why startups should consider it
- the mechanisms of a venture debt deal
- how to find a lender
- what legal documents you will need.
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