Draw Down
Startups draw down their loans or credit lines when they access the capital that their lenders provide. Typically, startups shouldn’t draw down more than 50% of the loan amount to ensure they don’t surpass the ideal loan to value ratio.
Startups draw down their loans or credit lines when they access the capital that their lenders provide. Typically, startups shouldn’t draw down more than 50% of the loan amount to ensure they don’t surpass the ideal loan to value ratio.