Company w/ 40m term sheet wants bridging financing with personal guarantee

January 21, 2025
by a searcher from Columbia University in Miami, FL, USA
Hello lenders,
I'm helping a friend's start-up find $5-7m in bridging financing. They have a term sheet for $40m I've seen - due diligence is likely a ~60 day process. Looking for the bridge in the interim. Founder is willing to 100% PG the bridge and the start-up is willing to offer equity, as well as interest and the PG. It's a pre-revenue start-up so may be a tough one. Anyone interested?
Dan
from The University of Texas at Austin in Dallas, TX, USA
from Western Illinois University in Atlanta, GA, USA