Debt Financing 101 with Kyle Rector
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Have revenue and need access to quick capital?
The cost of equity capital is getting expensive; debt or working capital might be a better option if you're already generating revenue, and it's non-dilutive.
We've made it easier than ever to get matched with private capital providers and receive offers in minutes, not weeks or months.
*We don't charge any fees to source you debt*
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A Masterclass in Debt Financing
Debt doesn't have to be a trap. This week, I chat with Kyle Rector, co-founder of our partner Boundless about debt financing for startups looking to scale.
Here's what you're in for:
- 00:08 Meet Kyle Rector: Debt Financing Expert
- 00:55 Understanding Debt vs Equity
- 03:41 Types of Debt for Businesses
- 08:27 Term Loans Explained
- 09:59 Lines of Credit: Flexible Financing
- 11:42 Secured vs Unsecured Financing
- 16:48 Venture Debt: A Strategic Option
- 22:23 Revenue-Based Financing: Pros and Cons
- 29:49 Exploring Different Types of Debt Financing
- 30:07 Valuing Contracts and Lines of Credit
- 32:56 Preparing to Secure Debt: Key Considerations
- 37:14 Understanding Debt Service Coverage Ratio (DSCR)
- 40:35 Benchmarking Debt Options for Different Business Profiles
- 51:47 Building Relationships and Trust with Lenders
ABOUT KYLE RECTOR
Kyle Rector is the co-founder and president of Boundless, a capital marketplace connecting businesses with lenders through tailored solutions. With over 10 years of experience in debt financing, Kyle has facilitated billions in capital requests, spanning industries and geographies. His mission with Boundless is to simplify the capital application process, enabling founders to focus on scaling their businesses.
Connect with Kyle on: Website
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Free Fundraising Resources
🗓️ This one is hot off the press, get the 12-month fundraising plan that worked for me.
This guide outlines what you should be doing over the calendar year to get you access to capital. Download it here.
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Premium Resources
🗓️ - Book a one-hour private capital strategy call - Book Now
💫 - Pitch deck design services for founders by VCs - Decko
💼 - Startup Legal Services - Bowery Legal
📚 - Startup Friendly Accounting Services - Chelsea Capital
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Let's Connect:
- Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/
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