Venture debt (aka venture lending) is a type of alternative debt financing to traditional commercial banks, and offers the ability to customize financing needs to meet your specific company requirements without commercial bank regulatory mandates, restrictive cash deposits, or covenant package. Venture debt is complimentary to your existing venture capital equity investments and provides lower cost growth capital to further extend your runway to success. It is typically used to fund working capital, operating expenses, and growth initiatives of venture capital and private equity-backed companies. Unlike typical traditional bank lending, venture debt is available at all stages of company development from startups, to expansion stage, to high growth companies that do not have positive cash flows or significant assets to use as collateral.