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Why would a startup need a small loan after raising a large round?
by mym1990 4y ago
Why would a startup need a small loan after raising a large round?
- hedora 4y ago- Corporate expense cards - Amortizing real estate costs into the future to get to a stable cash flow. - Rainy day funds (The last one is a risk to the lender, but can be low risk and profitable on average for the lender, as that part of SVB was.)
- eddsh1994 4y agoBefore the money is actually in the bank but is reliable because SVB partners with the VC firm responsible for leading the round who vouches?