Financing Alternatives
There are two broad categories of venture debt.
Growth Capital. These funds can be used by the company for any purpose. It offers a company maximum flexibility to invest in product development, geographic expansion, acquisitions, or other strategic or operational initiative.
Asset Loans. In its simplest form, the proceeds from venture debt are used to purchase "hard assets" such as laboratory and test equipment, office furniture and computers and to cover "soft costs" such as software and leasehold improvements. In this case, the "asset loan" is typically secured by the items purchased with the proceeds of the loan.
Within each of the categories there are many different ways to structure the financing to meet each company’s specific plans and needs. We will work with our clients to understand these needs and structure our proposal accordingly.