Silicon Valley Bank and a leading fintech lender to provide pre-venture funded tech startups with access to capital and banking services
IBOS member Silicon Valley Bank (SVB) and Lighter Capital, a leading fintech lender to tech startups, have teamed up to better serve early stage tech companies seeking online access to debt capital and banking services.
SVB is a bank of the world’s most innovative companies and their investors, and together with Lighter Capital, they will provide entrepreneurs with the financial tools and support they need prior to raising a traditional round of venture funding.
Under the partnership, Lighter Capital will provide debt financing while SVB will support entrepreneurs with commercial banking solutions and guidance based on more than 35 years working with high-growth technology and life science companies. Lighter Capital has developed a fintech lending platform providing early stage startups up to $3 million in a fraction of the time it takes to raise from traditional sources.
Read the full press release via SVB here.