SaaS
Venture Debt Drawdown
Drawing down a venture debt facility from a specialist lender (e.g., Silicon Valley Bank, TriplePoint).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 2,000,000.00 | - |
| Venture Debt Payable | Liability (+) | - | 2,000,000.00 |
💡 Accountant's Note
Venture debt is non-dilutive capital used to extend runway between equity rounds. It typically carries a higher interest rate than bank debt and may include warrants issued to the lender.
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