It’s Time to Raise Your Debt Facility: Execution Tactics for Founders
Andreessen Horowitz
OCTOBER 4, 2023
For early stage companies, lenders are mostly underwriting based on existing investor support; with later-stage companies, they are underwriting to enterprise value and are more focused on company KPIs, churn, and related metrics. Examples could include installment loans, credit card receivables, or invoices.
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