What does the collapse of the SVB mean for venture debt?
earlier this week, enterprise buyers and startups have fled Silicon Valley Financial institution, a monetary establishment that began the week with solvency and closed it by being shut down by regulators. Whereas its failure has impacted the accounts of startups and the enterprise buyers who financial institution with it, SVB’s dying additionally impacts one other service enterprise that the financial institution typically makes use of: enterprise debt.
The SVB has lengthy been seen as the danger mortgage chief, and for a lot of the title of the financial institution is synonymous with danger lending. So how can it have an effect on the collapse? increasingly hot enterprise debt market Depends upon who you ask.
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