Convertible loans from MOST Ventures for startups and IT companies
Author - Mansur Ismagulov
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MOST Ventures launched the Venture Debt product for mature IT businesses and startups experiencing a shortage of working capital. The company provides convertible loans starting from 15,000,000 tenge. This instrument is a short-term debt that converts into equity under pre-defined conditions, serving as a form of pre-seed or seed round financing.
MOST Ventures announces the launch of a new financial product for startups and IT companies — Venture Debt. If you have a mature IT business or a startup that lacks working capital, this is an excellent opportunity for you. Venture Debt offers convertible loans starting from 15,000,000 tenge.
A convertible loan is a form of short-term debt that converts into equity under predefined conditions. Essentially, investors provide funds to the startup within a pre-seed or seed investment round.
Source: @mostecosystem
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