Mercury
p/mercury
Banking for startups
Hiten Shah
Venture Debt from Mercury — Supercharge your raise with founder-friendly venture debt
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Mercury Venture Debt gets you minimally-dilutive capital to supercharge your VC fundraise and extend your runway. Apply online for quality capital. Mercury helps founders manage their money from pre-seed to IPO and beyond.
Replies
I'm so impressed by the Mercury Capital team expanding into Venture Debt, helping startups expand their runway and reach as they achieve scale. This is an exciting product that is going to tangibly help many companies get access to capital all while minimizing dilution.
Guli Moreno
Congrats on the launch! 🚀
Jason Garcia
@ignacio_guli_moreno Thanks for helping us a long the way.
Dragos Bulugean
Founders should know that these oportunities exists. Nice idea!
Jason Garcia
Hey hunters 👋 We are excited to reveal what we have been quietly building over the last couple of months. Today, we're adding venture debt to Mercury Capital. We have already provided venture debt to high-growth startups backed by some of the world's most recognizable Venture Capital firms. We fund a wide range of companies, whether you're in fintech or flower delivery, pre-revenue, or at a later stage. Here's what you can expect with Mercury venture debt: Competitive rates: Our pricing and structure keep costs low. Transparent terms: Our loans offer minimal dilution and straightforward payback plans. Quick application: We've built a fully online application. Hear back from us within a few days and use your fundraise's documents on hand for diligence. Flexible financing: Use your loans to grow your business the way you think is best—whether that's marketing, hiring, or otherwise. Venture debt is part of Mercury Capital, our initiative to help founders access financing. It matches your current needs and plans based on details like company stage and size, the industry you operate in, your business model, and growth plans. We know raising capital is a big decision. We hope to make it easier for you to grow your business the way you think is best—whether that's funding more runway, marketing, hiring, or otherwise. Apply at mercury.com/venture-debt We'd love to know what you think.
Brent Alvord
@sirjrg So much innovation is needed in these types of instruments. Congrats my man! Look forward to using it!
Jonathan Lorimer
Hey everyone, I am an engineer on the Capital team, and I am really excited to be launching venture debt. This is the spiritual successor to our Capital Guide project, and is our first proprietary financing option. The Capital team’s core philosophy is helping founders to access capital and identify the best cash flow options for their business. The team started by focusing on educational materials, and a simple interface for connecting founders and financiers. We created a curated list of vetted partners that primarily funded ecommerce and Saas companies. As we looked into options for startups to extend their runway by stacking debt on top of a recent equity round, we found that the existing options weren’t up to our standards. Therefore, in line with Mercury’s broader mission of providing a best in class experience for founders, we decided to create our own offering. While it is still early days for this product, the most exciting part for me is that we are going to be able to collect founder feedback and action it immediately, because we have control of the user experience end to end!
Callie Presniak
Mercury venture debt is our first capital product and it's been tested by some awesome founders already. We're looking forward to helping founders get funding that works the way they want it to! My favourite part of this product is how dang easy it is to use. Just like when using a Mercury account, applying for Mercury venture debt is intuitive, quick, and clutter-free. Plus not waiting weeks and weeks to hear back on your application is pretty wonderful. I hope that founders using venture debt get to experience working with a financial partner who's as invested in their success as they are. Congrats to the Capital team on an exciting first step!
Rachel Moncton Oatway
It was a lot of fun working with the Mercury Capital team to bring the venture debt product to life. I personally learned so much about the benefits of venture debt compared to other types of capital (hardly any dilution, low interest rates), and love the team’s mission to digitize and streamline the process. Venture debt is a tool that founders raising VC rounds should really consider - and we’re proud to make it more accessible.
Parker Wilf
Hi Product Hunt 👋 I work on the Capital team and we’re so excited to publicly launch our venture debt product. Through our team's own experience advising startups, launching companies, and talking to Mercury founders, we've seen first-hand the challenges founders face trying to simultaneously run their business and raise money. Unfortunately, raising capital is extremely time-consuming, opaque, and inaccessible to many. At Mercury, we’re humbled by how many founders love our core banking product, and we’re striving to bring that same level of delight and founder-friendly focus to our Capital products. With venture debt and our partners, we’re taking a big step forward on that journey. We have a lot of opportunity ahead and exciting improvements in the pipeline. We can’t wait to learn more about your businesses and explore how we can help you grow.
Mike Tyler
Hey there hunters 👋 I am beyond excited and grateful to be a part of the team helping to launch Mercury Capital and our first product – venture debt 🎉 As a long-time banker and lender to startups, I have seen first-hand the important role that debt can play in a company’s capital stack – helping founders and investors win together. However, until now startups have had to suffer through a terrible banking experience in order to access these debt products. Well, that time has changed. While employed at a bank my team had just won a Venture Debt deal with a company that was currently working with Mercury. When we told the founder that they would have to move all of the company’s deposits over in order to access the debt – to say the least – they were not happy and insisted that we allow them to keep Mercury as their primary. After realizing that there was no alternative, the founder reluctantly switched in order to access the capital they needed. This left a huge impression on me that founders and their teams expect more out of their financial partners and that this need is not currently being met. Insert Mercury Capital. As a team we are working to build a suite of capital products and tools that can help founders fuel the growth of their businesses. We are doing this by building a tech-enabled lending platform that allows founders to access Mercury Capital products and pair them with other best-in-class capital products from our partners. There is so much opportunity ahead of us, but one thing is for sure – expect to see the same type of quality from our Capital product that you now experience with Mercury. We can’t wait to learn more about your businesses and explore new ways we can help you grow. Apply at mercury.com/venture-debt/apply We'd love to know what you think!
Maria Alexandrova
it's really cool