Venture Debt Loans

Our Venture Debt loans…

• Range from $250,000 to $500,000.
• Are repayable interest only until maturity.
• Are structured as either convertible debentures or as term loans with warrants.
• Are secured by your company’s assets such as IP and SR & ED refund claims.
• Are suitable for companies generating recurring revenues from established markets.

Christina Ford COO and Co-Founder of Sprout NorthSpring Capital’s very flexible Venture Debt facility was tailored to our cash flow needs. This financing enabled Sprout to transform and expand the reach of its platform to additional companies as well as grow its engineering, account management and customer success teams, in turn helping to improve the health of more Canadians. Sprout, located in Toronto, is the leading Wellbeing Engagement Platform, used by progressive companies to improve the health of their employees and their business. Sprout helps companies and their workforces by providing technology-based tools that motivate employees to get fit and additional tools for leaders to manage and measure the positive impact to their business. Sprout’s platform drives employee participation and engagement in wellness programs by enabling them to set goals, create challenges and compete amongst colleagues. sproutatwork.com