
"Venture Debt" with Silicon Valley Bank
Join us as we welcome Silicon Valley Bank to educate us on the benefits of Venture DEBT in your fundraising initiatives. What is it, when to use it, and why.
Silicon Valley Bank contributed a chapter on venture debt in the book, “Venture Deals: Be Smarter than Your Lawyer and Venture Capitalist,” 4th Edition, written by Brad Feld and Jason Mendelson. Following is an excerpt from Amazon's #1 Best Selling Book on Venture Capital.1
If you are going to raise institutional venture capital to build and grow your business, it’s worthwhile to consider using venture debt to complement the equity you raise. Venture debt is a type of loan offered by banks and non-bank lenders that is designed specifically for early-stage, high-growth companies with venture capital backing. Most venture-backed companies raise venture debt at some point in their lives from specialized banks such as Silicon Valley Bank.