How to Navigate the Venture Debt Term Sheet

by Cheqly team | | Venture Debt Term Sheet

How do you decide on the terms of the loan now that you’ve determined that borrowing money is preferable to conducting an equity round? Usually, venture financing lenders will give you a term sheet so you can assess the potential transaction. When you are working with the lawyer on the loan, you should ask for … Continued

Warrants, Covenants & Guarantees: Understanding Loan Terms

by Cheqly team | | Loan Terms , Venture Debt

Let’s discuss what these loan terms mean for your business and why you included them in the planning. Why Loan Terms Are Essential? One of the most flexible, founder-empowering forms of SaaS funding available on the market is venture debt financing. Despite the availability of several other alternatives, the debt financing model remains the best … Continued

Debt Covenants: A Comprehensive Guide

by Cheqly team | | Debt Covenants

Debt covenants, which are written contractual obligations, are used in the case of loans or credit lines to enable creditors to impose restrictions on borrowers’ business activities as a condition for receiving credit. Borrowers and lenders can set the covenants together within the loan contract. Debt covenants may be in these agreements whereby an organization … Continued

What Is Non-Dilutive Funding & Is It Right for Your Business?

by Cheqly team | | Non Dilutive Funding

It is as important to have enough money to finance business activity, as shown by the fact that a lack of funds is often cited as the main reason for business failure. To achieve financial stability and improve cash flow, business owners often rely on additional funding from secondary sources, commonly through non-dilutive funding. So, … Continued

7 Key Mistakes to Avoid When Seeking Venture Debt

by Cheqly team | | Venture Debt

The analysis of the sources and uses of funds is an important element of every enterprise’s plan. When it comes to organizing finances, everything will be clear, starting with budget management and including cash flow forecasts. However, the task is rather versatile, and plenty of small business owners experience difficulties in performing it. Before that, … Continued

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