Flexible Options

Growth Debt

As growth stage technology companies seek to finance both their shorter term requirements and longer-term ambitions, debt has become an increasingly available and accepted form of growth capital.  At Vistara, we uniquely create flexible Growth Debt solutions for companies we partner with.

Key Features and Benefits:

• Minimizing overall dilution vs. traditional equity only solutions
• Long term (up to 5 year) committed term debt facilities (“rental equity”)
• Non-amortizing, interest only payment-in-kind (PIK) structures to maximize cash flow available for growth
• Committed additional “Standby” facilities readily accessible based on growth
• Flexible, growth-oriented covenants focused on growth vs. near term cash flows
• Willing to subordinate to existing bank lenders to lower overall cost of capital
• Work with both founder-owned and venture backed companies