“Zebra” and “camel” instead of “unicorn”? If your startup is already generating revenue and “healthy” growth is possible, bank financing could be helpful. Banks typically grant loans against collateral and based on the probability of repayment. Loans from a development bank usually offer subsidized interest rates and liability exemptions.
Peter Leitenmayer from LfA Förderbank Bayern provides insights and tips on loan financing for these types of startups in this tutorial:
- What is the difference between scaling ambitions? – Hyperscale vs. seedstrapping
- What does a typical financing mix look like?
- What can be financed through loans – and what cannot?
- What advantages does a loan or promotional loan offer?
- What role does the house bank play and who should I talk to first?
- How should the “case” for bank financing be prepared?
- How important is loan collateral?
- What is the benefit of risk mitigation via guarantees or liability exemptions?
- Which promotional loans are eligible?
