Brett has a passion for technical accounting and hopes to be involved in the cutting technologies that are disrupting the accounting industry. Outside of accounting, Brett loves playing ultimate frisbee, golf, and basketball. Lehi, Utah, is Brett’s home town, but he has traveled throughout the U.S., Thailand, Europe, and Central America.
Venture debt is a viable alternative to equity funding and traditional debt funding for smaller companies. This article provides an overview of what venture debt is, who provides it, why it may be preferable to equity, and the key terms and covenants associated with it.