Venture debt is a form of debt financing provided to venture-backed companies to fund working capital or capital expenses, such as purchasing equipment. It typically needs to be repaid within three to four years, and often starts out with a 6-12-month interest-only period. Venture debt products typically also come with personal guarantees, covenants, warrants, and other restrictive terms designed to benefit the financier. Some of the most common venture debt providers include: Silicon Valley Bank, and Hercules Capital.For a more in-depth look at venture debt, check out the comprehensive guide we put together.