Venture Debt is an important alternative to angel and venture capital for rapidly growing startups. It permits a startup to leverage equity capital in order to increase valuations between equity rounds, reduce dilution and enhance investor return. In this workshop, Dan Allred and Yvonne McCague of Silicon Valley Bank will discuss the key differences between venture debt and other forms of financing and the circumstances when venture debt may be most beneficial for a company.
Topics will include:
- What is Venture Debt and What It Is Used For
- Is Debt Worth It?
- Typical Terms & Availability
- Current Trends
- The “Gotchas” & How To Avoid Them
- Choosing a Provider & Managing the Relationship
Dan Allred https://www.svb.com/profile/Dan-Allred/
Yvonne McCague https://www.linkedin.com/in/yvonne-mccague-328a623
Doors will open for networking at 9:30am.
This program is part of McCarter & English’s ongoing series on legal and business topics for entrepreneurs and emerging companies. Programs are held once or twice each month and are open to members of the CIC and their guests, as well as to the greater Boston entrepreneurial community. Contact: Benjamin Hron, 617-449-6584, firstname.lastname@example.org, @HronEsq
About the McCarter & English Venture Capital and Emerging Growth Companies Group
McCarter’s Venture Capital and Emerging Growth Companies Group is dedicated to helping entrepreneurs build and finance their businesses and assisting angel and venture capital investor invest in early stage and emerging companies. The group is composed of tech-savvy lawyers who have helped build, grow, finance, sell and take companies public across the full spectrum of businesses, including Internet, software, medical devices, new media, life sciences, cleantech, healthcare, consumer products, biotechnology, retail, e-commerce, entertainment, financial services, insurance and telecom.