2min chapter

Kruze Consulting's Founders and Friends Podcast for Startups cover image

Don Muir of Arc talks about how Arc improved the venture debt underwriting process

Kruze Consulting's Founders and Friends Podcast for Startups

CHAPTER

Why Aren't People Using It?

The goal is to make it as frictionless as possible, so it's not structured as debt. We're advancing a company's future revenue, pulling it forward to time's yours. They can use it to inject in the business to day to accelerate growth or extend the runway ahead of their future funding round. So adh that we don't have the same covenants and eins on assets as a traditional lender would take. Justem but that it's really powerful. And to make it kind of a friendly, easier process, so that the founders don't get totally distracted and have to take a week off just to do all the meetings and alli But its actually pretty valuable for them

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