Finitive marketplace increasingly connects VC firms with lenders
Fintech companies have two things that make venture debt interesting. First, they generally have boards and management teams that understand the benefits and risks of a levered balance sheet. Second, they often have assets in the form of loans that need to be financed.
That’s why NYC-based Finitive has demand from borrowers and lenders on its private credit marketplace. Finitive has 30 employees and has raised over $3.5 million in debt and equity capital for its own operations.
Jon Barlow, the company’s founder and CEO, said that venture debt traditionally accompanied . . .
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