Venture Debt Term Sheet Template

You need capital in six months but equity dilution costs you board seats. Venture debt lets you borrow against revenue without handing over percentage points, if you understand the terms. This template maps what lenders expect: warrants, interest rates, maturity dates, and covenants that won't strangle your runway.

What you get:

• Venture debt term sheet structure and layout

• Principal amount, interest rate, and warrant coverage

• Maturity date and prepayment penalty terms

• Financial covenants and reporting requirements

• Dilution protection and anti-dilution language