What is Venture debt?
A term loan for venture-backed firms, commonly 25 to 35% of the last round at 8 to 15% interest with warrants, used to extend runway.
Where you will use it: this term comes up in the Entrepreneurial Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Entrepreneurial Finance course by Devon Coombs, CPA, MBA.