Keri Findley noted that the new fund reflects the successful deployment of Tacora's inaugural fund and the escalating demand for flexible, non-leveraged financing solutions.
Venture debt firms like Tacora loan cash to startups instead of buying equity, providing a financing option that founders favor to minimize ownership dilution.
Tacora only backs loans against specific, strong assets owned by well-positioned companies, mitigating the risks associated with startups not being able to repay their loans.
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