Venture debt dashboard

Extend your runway with Mercury Venture Debt

Keep your equity with venture debt financing built for high-growth startups.
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Designed for scaling companies

First-class terms

We offer straightforward payback plans, minimal dilution, and competitive interest rates.

For the long run

We’re here through it all. We can chat about refreshing your loan with your next VC round.

Sector-agnostic

Lending for VC-funded companies across stages and industries.

We’ve modernized the application process

If you’ve raised venture capital recently or are thinking about raising it soon, you may be a good fit for Mercury Venture Debt.
Eligibility quiz UI

See if you're eligible

Complete our simple, confidential questionnaire to find out if your company is a good fit.

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Venture debt, reimagined

Our tech-enabled process is engineered to help you manage your capital with ease, all from a single dashboard.

Easy access to your funds

Request withdrawals and see how much capital you have left in just a few clicks.

UI showing that you can quickly request funds from your capital dashboard

Dedicated team of advisors

Get 1:1 guidance from both a capital advisor and relationship manager, who leverage their banking expertise and deep network to provide solutions that make sense for your goals.

Conversation between a venture debt customer and their relationship manager

Don't just take it from us

Mercury Capital is beyond impressive. They are faster, easier to work with, and offer terms just as competitive — if not more — than the most established players. They’ve redefined the industry.

John Andrew Entwistle

Founder & CEO

Wander

Proptech

Mercury has been awesome to work with. Simply put, their venture debt offering is cheaper, better, and faster than the competition. And their team goes above and beyond to be helpful. We couldn’t have asked for a better partner.

Daniel Chan

Co-founder

Mayfair

Fintech

We’ve chosen to work with Mercury since day one because of the simplicity they bring to our finances. That experience has carried over to venture debt — the process was transparent and easy and the terms were fair.

Jonathon Barkl

Co-founder & CEO

AirGarage

SaaS

The Mercury team was supportive throughout the process and we closed our deal quickly. They really eased any nerves we had about venture debt.

Paul Drysch

Founder & CEO

PreAct

Automotive Tech

Mercury is built by entrepreneurs, for entrepreneurs. With their unrivaled venture debt and all-in-one financial platform, they’re the ideal partner for us to build and scale our business long-term.

Jonathan Segal

Co-founder & COO

Zeno Power

Climate Tech

1 / 5

Frequently asked questions

Venture debt is a term loan issued to startups that have raised venture capital within the past year. While traditional commercial loans focus on cash flow and can be hard to access for startups, Mercury Venture Debt focuses primarily on the strength of your VC investors and founding team, as well as your startup’s potential for growth.

Venture debt can extend your runway with minimal dilution, giving you more time to reach milestones, fund growth, and can act as an insurance policy to avoid down rounds.

Once an agreement is made and the terms are finalized, you can draw the funds from your Mercury account at any time during your interest-only period, which can span up to 18 months. After that, you’ll have a payback period. In total, our loans run up to 48 months.Many founders apply to refinance and refresh their loan after they have raised their next equity round.

It’s not uncommon for companies to refinance their venture debt with a new provider. If you have recently raised an equity round or are planning to do so in the near future, we may be able to offer fresh terms and resize the loan based on your current needs.

Read our guide to venture debt for startups.

We charge an origination fee to process your loan application. We also charge interest and receive a small warrant, or the right to purchase equity from your common stock.Unlike some providers, we do not charge a prepayment penalty, back-end fees, or final payment fees.

Lending is for U.S.-incorporated companies that have raised venture capital within the past 12 months and companies that are planning to raise venture capital soon.We are industry-agnostic and fund a wide range of scaling companies.

No. In fact, some of the biggest companies in the world have taken venture debt in tandem with venture capital. Many VC firms recommend venture debt to companies as a way to avoid a down round, extend their runway, and hit milestones.We work alongside top VC firms, including Andreessen Horowitz and, Founders Fund.

We also offer other financing options that might be a better fit for your stage and business model. Log in and navigate to mercury.com/capital to see all our capital offerings.

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Disclaimers and footnotes

    Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust ®, Members FDIC. Deposit insurance covers the failure of an insured bank.