VENTURE DEBT is designed for high-growth businesses that have received investments from a financial institution such as a VC/PE firm. It is a LONG-TERM commercial finance option that is available to creditworthy businesses to use for working capital requirements and / or expansion of business.
High-growth businesses have milestones to complete before they can raise next rounds of equity investments. Sometimes, they need additional capital between two rounds of funding to complete milestones or may want to raise debt financing to reduce further dilution of equity in the near future.
Funding Range: INR 1 Crore to INR 20 Crores
Term Range: 2-3 Years
Interest Rate: 14-18%
Security Required: None