Mercury introduced its first capital product, venture debt, designed to support startups while preserving founder equity.
Jason Garcia, Head of Capital & Relationship Management, spearheads the Mercury Capital team and emphasizes efficiency and transparency in the new program.
Mercury Venture Debt caters to a variety of companies, offering competitive rates, minimal dilution, a quick online application process, and flexible financing options.
In the past six months, they have provided venture debt to startups across different industries, and expect to lend over $200M this year.
The venture debt initiative is the cornerstone for the future expansion of the Mercury Capital program to assist founders with business growth financing.

Mercury offers specialized banking services for over 100,000 venture-backed and bootstrapped startups. They provide FDIC-insured checking and savings accounts, employee debit and credit cards with custom limits, and payment capabilities through ACH, wires, checks, and foreign exchange. Startups can confidently scale with Mercury's advanced tools, which include seamless integrations with other financial platforms like QuickBooks and Stripe. Furthermore, founders can benefit from resources such as an investor database, startup guides, and Mercury Raise, a platform connecting founders with investors. Their banking platform is designed for fast-paced startups, with efficient automation, robust controls, and zero monthly fees.

Mercury

Startup-focused banking, card issuing, cashback, integration, community resources, FDIC-insured.

Mercury Launches Founder-Friendly Venture Debt

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