TLDR:
- Arc Capital Markets has launched a marketplace platform to help startups find lenders for debt transactions.
- The platform aims to address the disruption in the venture-debt market following the bankruptcy of the market’s biggest player, Silicon Valley Bank.
- Arc Capital Markets uses AI and API integrations to analyse financial data, enabling startups to quickly receive up to $250m in term sheets from a network of over 100 pre-vetted lenders.
A new marketplace platform has been launched by Arc Capital Markets to help startups connect with lenders for debt transactions. The platform, called Arc Capital Markets, aims to address the disruption in the venture-debt market that occurred after Silicon Valley Bank went bankrupt. This has opened up the opportunity for new lenders, such as private credit firms, tech-focused banks and funds, to enter the market. Arc Capital Markets aims to connect these lenders with startups that are looking for non-dilutive, lower-cost capital. The platform uses artificial intelligence (AI) and API integrations to analyse startups’ financial data and provide term sheets for up to $250m in debt capital from a network of more than 100 pre-vetted lenders. Arc Capital Markets has already facilitated over 350 debt transactions during a private beta period and has received almost 100 applications since its public launch.
