Understanding Lending Options for Founders

At Founders Lounge, we've been discussing various ways to fund your venture this year, from non-dilutive grants to equity funding like venture capital.

This week, we are excited to be joined by our new partners, Kate Reinhardt and Chris Davis from Midland States Bank, for a panel discussion on exploring different lending options available to founders.

We will cover traditional bank loans and lines of credit as well as alternative financing options such as venture debt, crowdfunding, and peer-to-peer lending. We'll delve into the pros and cons of each option.

Our goal is to equip you with the knowledge to make informed decisions about borrowing. You’ll learn about key factors such as interest rates, repayment terms, and the impact on your equity. We will also discuss how to prepare a strong loan application and what lenders look for when evaluating your venture.

Please Note, Networking begins at 5:30pm and the Panel Discussion begins at 6:30pm.