Comparing a 48 month amortizing venture loan to our 5 year balloon structure:
With a 48 month amortizing loan, you wind up paying half the loan back over 24 months, even with a 12 month interest-only principal holiday.
As a majority of the lender’s capital is repaid over the first 24 months, lenders charge less given the reduced credit risk.
You need to raise >$16M via an amortizing loan to have the same availability of capital after 2 years as our $10M structure.
An amortizing venture loan may only extend the runway by a few months.
Since August 2000, we’ve provided growth debt capital to mid-later stage companies across most sectors of the economy. We know that time is of the essence when you’re running a fast-growing company, which is why we target to close your financings within 30 days.
And, unlike some of our competitors, we don’t package up our loans and sell them off to hedge funds and CLOs. We are your partner from start to finish.
With cheque sizes of $2 million to $40 million per company, we provide you with all of the Acquisition Capital growth capital you need, while preserving your ownership stake in the business.
If you find that perfect acquisition target, we are here to help you get the deal over the finish line.
And, unlike a commercial bank, we can fund against pro forma post-merger financial statements.
Fast-growing companies need to invest, and our firm has been lending to the innovation economy for more than 15 years.
We have the experience and perspective you need.
We got into the business in the Spring of 2000 when the NASDAQ broke through 5,000 points, and we didn’t stop putting out capital when the NASDAQ touched 1,100 in 2002. Our firm sailed through the global financial crisis, and our new Fund V gives us $900 million of financing capacity for firms in Canada, the United States and the United Kingdom.