1 min readIn times of economic uncertainty, debt financing can be a valuable tool for venture capital-backed companies that need to extend cash runways between equity rounds—and now is one of those times. Since last December, emerging-growth companies have been sailing against headwinds they haven’t faced in quite a while. Growth of total U.S. venture capital investing,…
1 min readA Robust Market in Spite of Headwinds Following a healthy run-up in total venture capital investing in the U.S. in 2014 and 2015, venture capital-backed companies now are sailing against economic and financial headwinds. In 2016, stock market volatility, a dramatic slowdown in new IPO listings, and the possible tapering of the growth of total…
1 min readAs we ring in the New Year, we here at Capital Advisors Group would like to take stock of the year past and what lies ahead in 2016. Two important themes that underpin the changing of the calendar year have been the Federal Reserve raising interest rates and an economy which is seeing higher asset…
2 min readCapital Advisors Group is a Boston area-based institutional investment advisor that has been helping venture-backed companies invest their cash assets for more than 25 years. Its debt finance consulting division helps early stage companies, both public and private, determine their optimum capital structure, identify appropriate lenders, source term sheets and negotiate debt financing deals Executive…
1 min readThe life sciences debt financing market has experienced a turbulent decade. From the highs of the mid-2000’s to the credit crisis of 2008, and eventually to the slow but steady climb since 2010, investment and opportunity have expanded and contracted. Many of the market forces that made equity markets so volatile during this period impacted…
2 min readCapital Advisors Group is a Boston area-based institutional investment advisor that has been helping venture-backed companies invest their cashassets for more than 24 years. Its debt finance consulting division helps early-stage companies, both public and private, determine their optimum capital structure, identify appropriate lenders, source term sheets and negotiate debt financing deals. Note: For the purposes of this paper,…
1 min readAfter years of an equity bull market, alternative financing options for companies continue to expand, creating opportunities for debt structures that didn’t exist just five years ago. This proliferation of specialized lending is compressing both lending terms and borrowing costs. While this compression in borrowing costs may be partially offset by gently rising interest rates…
1 min readCapital Advisors Group is a Boston area-based institutional investment advisor that has been helping venture-backed companies invest their cash assets for more than 25 years. Its debt finance consulting division helps early stage companies, both public and private, determine their optimum capital structure, identify appropriate lenders, source term sheets and negotiate debt financing deals. Executive…
2 min readNote: For the purposes of this paper, we will define “healthcare” as life sciences/biotech, medical devices, diagnostics and health tech. Capital Advisors Group is a Boston area-based institutional investment advisor that has been helping venture-backed companies invest their cash assets for more than 23 years. Its debt finance consulting division helps early stage companies, both…
2 min readIn past communications we examined the changing regulatory landscape and its impact on short term investments. The catalyst for these changes was the credit crisis as government agencies scrambled to fortify the poor liquidity and over-leverage in the financial sector. The crisis also proved to be a catalyst for the evolution of the debt financing…