Debt Grows More Expensive, Harder to Get for Startups After SVB Collapse
3 min read
25 Mar 2023, 05:58 PM IST
Big banks are ‘out of touch’ with the lending needs of venture-backed startups, one investor says
PremiumWith Silicon Valley Bank’s future uncertain, startups backed by venture capital looking for new lenders are facing higher borrowing costs, onerous terms or even closed doors, potentially throttling their growth.
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