FYB Shop

Venture Debt in the German Market – Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans

 3,70 inkl. MwSt.
Clear

Description

Venture Debt in the German Market – Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans

Dr. Stefan Gott­ge­treu — Lawyer and Part­ner Bird & Bird, Düsseldorf

Andrea Schlote — Lawyer and Coun­sel Bird & Bird, Munich

Venture debt, that is to say risk loans, is still a relatively new and innovative financing instrument in the German venture capital and start-up scene. In essence, it is a form of debt financing – originating from the Anglo-American region – which is granted by specialised providers, mostly private debt funds, to suitable growth companies (scale-ups/later stage start-ups). In the current difficult market environment for equity rounds, venture debt may play an even greater role in financing innovations in the future than it has in the past.

Additional information

Ausgabe

,

Title

Venture debt in the German market - differentiation from the legal institution of shareholder loans and equivalent third-party loans

Author

Dr. Stefan Gottgetreu

Position author

Lawyer and Partner Bird & Bird, Düsseldorf

2. author

Andrea Schlote

Position 2. author

Lawyer and Counsel Bird & Bird, Munich