Whether you’re flying solo, a tiny team, or a growing startup, you don’t have to take on the world alone. Join us at any of the following events and meet an inspired community of people who are passionate about working together to build a better Houston for all!
UPCOMING IMPACT HUB NETWORK EVENTS
HAN + Silicon Valley Bank – Venture Debt
November 10 @ 11:30 - 12:30 CST
Silicon Valley Bank (SVB) has helped businesses grow and thrive across the innovation economy for 35 years. During this workshop you will learn more about why venture debt reached an all time high in 2019 and continues to grow. You will also hear real stories from HAN founders and investors that leveraged venture debt in early stage deals.
What is Venture Debt?
Venture debt is a loan designed for fast-growing investor-backed startups. It most often is secured at the same time or soon after an equity round—and is typically used to extend runway to the next round.
Startups benefit in several ways: Venture debt reduces the average cost of the capital to fund operations when a company is scaling quickly or burning cash. It also provides flexibility, since venture debt can be used as a cash cushion against operational glitches, hiccups in fundraising and unforeseen capital needs.