Typical Transaction Parameters


Specialization:            Equipment financing for US-based emerging growth and venture capital-backed startup companies.  The majority of the companies we finance have completed one or more venture capital rounds exceeding $5 million in total with major VC sponsors, have introduced their products or services and can demonstrate revenue traction. Many customers we serve are approaching, but are not yet cash-flow positive.

Types:                         Equipment leases and loans

Amounts:                   $750,000 and over; amounts over $3 million are occasionally syndicated with syndication partners

Terms:                        24 to 48 months, depending on the underlying assets and customer credit profile; average term is 36 months

Warrants:                   Usually not required.

Drawdowns:               transactions can be staged or drawn down in increments of $100,000 or more under a master financing agreement

Client industries:         we are generalists, but prefer software, medical technology, IT services, telecommunications, Internet, clean technology, and other technology markets.

Credit Profile:             VC-backed startup companies

                                    A-stage VC round and beyond

                                    Startups already generating revenues; however, select pre-revenue companies are acceptable

                                    Startups that have at least 6 – 12 months of operating cash on hand

                                    Headquarters and assets located in US

                                    In business for at least 2 years

                                    Strong management teams and VC sponsorship