When Your Lender Is a Fund, Not a Bank

In today’s market, many founders are finding that funds, not banks, are stepping in as lenders. This shift is not necessarily riskier and it can open the door to better terms if you know how to negotiate. From shared appreciation structures to covenants without personal guarantees, alternative lending offers options traditional banks will not. The key is having an advocate who understands these products and can help you navigate them to your advantage.