4 ms·
Or µVC. No exchange of equity, just debt. Actual debt.
by zeckalpha 11y ago
Or µVC. No exchange of equity, just debt. Actual debt.
- skovalenko 11y agoyes, it is a term loan: we extend a loan to our clients, and they repay it in equal installments over a set period of time (the “term”). However, mobile app developers operate at a more accelerated pace than a traditional brick-and-mortar business, which means that the terms of our loans tend to be shorter and the interest rates are more forgiving than a traditional term loan.