Bread Route

Business Capital

Venture Debt

Get non-dilutive financing for growth-stage companies. Venture debt provides capital without giving up equity, perfect for companies with venture capital backing.

Non-dilutive capitalExtends runwayVC-backed friendly

What is Venture Debt?

Venture debt is a form of financing specifically designed for growth-stage companies that have received venture capital funding. It provides capital without diluting existing shareholders' ownership stakes.

This type of financing is typically used to extend a company's runway between equity rounds, fund growth initiatives, or provide working capital while maintaining ownership control and avoiding down rounds.

Key Benefits

Non-dilutive capital
Extends runway
Flexible terms
Warrant coverage

Common Uses for Venture Debt

Extend Runway

Bridge the gap between equity funding rounds and extend cash runway

Growth Initiatives

Fund product development, market expansion, and sales growth

Working Capital

Support operational needs and cash flow during growth phases

Acquisitions

Finance strategic acquisitions and add-on purchases

Equipment & Technology

Purchase equipment, technology infrastructure, and software

Strategic Projects

Fund specific projects and initiatives without equity dilution

Venture Debt Structure

Term Loan

Typically structured as a term loan with interest-only payments for 12-18 months, followed by principal and interest payments.

Warrant Coverage

Often includes warrants for company equity, typically 5-20% of the loan amount, allowing lenders to participate in upside potential.

Covenants

Financial covenants and reporting requirements, but generally more flexible than traditional bank loans.

Security

Usually secured by company assets, intellectual property, and sometimes personal guarantees from founders.

Typical Terms

Loan Amounts$1M - $50M
Interest Rates10% - 18%
Terms3 - 5 years
Warrant Coverage5% - 20%
Approval Time4-8 weeks

Venture Debt Requirements

Venture Backing

Must have institutional venture capital or private equity backing

Revenue

Typically $1M+ in annual recurring revenue or strong growth metrics

Management

Experienced management team with proven execution capabilities

Use of Funds

Clear plan for use of proceeds and path to next equity round

Ready to Get Venture Debt?

Get non-dilutive financing to extend your runway and fund growth initiatives. Connect with venture debt lenders today.

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