


{"id":49823,"date":"2023-12-12T11:18:08","date_gmt":"2023-12-12T09:18:08","guid":{"rendered":"https:\/\/www.fyb.de\/?post_type=product&#038;p=49823"},"modified":"2023-12-13T21:35:44","modified_gmt":"2023-12-13T19:35:44","slug":"venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans\/","title":{"rendered":"Venture Debt in the German Market \u2013 Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans"},"content":{"rendered":"<p>Dr. Stefan Gott\u00adge\u00adtreu \u2014 Lawyer and Part\u00adner Bird &amp; Bird, D\u00fcsseldorf<\/p>\n<p>Andrea Schlote \u2014 Lawyer and Coun\u00adsel Bird &amp; Bird, Munich<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venture debt, that is to say risk loans, is still a rela\u00adtively new and inno\u00adva\u00adtive finan\u00adcing instru\u00adment in the German venture capi\u00adtal and start-up scene. In essence, it is a form of debt finan\u00adcing \u2013 origi\u00adna\u00adting from the Anglo-Ameri\u00adcan region \u2013 which is gran\u00adted by specia\u00adli\u00adsed provi\u00adders, mostly private debt funds, to suita\u00adble growth compa\u00adnies (scale-ups\/\u00adla\u00adter stage start-ups). In the current diffi\u00adcult market envi\u00adron\u00adment for equity rounds, venture debt may play an even grea\u00adter role in finan\u00adcing inno\u00adva\u00adtions in the future than it has in the&nbsp;past.<\/p>\n","protected":false},"featured_media":49816,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2455,2575,2761,2779],"product_tag":[1538,1650,1734,2780,2781],"class_list":{"0":"post-49823","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-authors","8":"product_cat-andrea-schlote-en","9":"product_cat-fyb-2024","10":"product_cat-dr-stefan-gottgetreu-en","11":"product_tag-venture-capital-en","12":"product_tag-shareholder-loan","13":"product_tag-venture-debt-en","14":"product_tag-risk-loans","15":"product_tag-venture-loans-en","16":"pa_ausgabe-deutsch-en","17":"pa_ausgabe-englisch-en","19":"first","20":"instock","21":"taxable","22":"shipping-taxable","23":"purchasable","24":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Venture Debt in the German Market \u2013 Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venture Debt in the German Market \u2013 Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Venture debt, that is to say risk loans, is still a relatively new and innovative financing instrument in the German venture capital and start-up scene. In essence, it is a form of debt financing \u2013 originating from the Anglo-American region \u2013 which is granted by specialised providers, mostly private debt funds, to suitable growth companies (scale-ups\/later stage start-ups). In the current difficult market environment for equity rounds, venture debt may play an even greater role in financing innovations in the future than it has in the past.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-13T19:35:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2023\/11\/gottgetreu-schlote.png\" \/>\n\t<meta property=\"og:image:width\" content=\"366\" \/>\n\t<meta property=\"og:image:height\" content=\"298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/venture-debt-in-the-german-market-distinction-from-the-legal-institution-of-the-shareholder-loan-and-equivalent-third-party-loans\/\",\"name\":\"Venture Debt in the German Market \u2013 Distinction from the Legal Institution of the Shareholder Loan and Equivalent Third-Party Loans - 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