Debt is Their Thing
Fund: Aegis Capital Group
Posted by Anonymous on 2009-06-15
My understanding is that despite what their website says, their primary activity is small volume venture debt, $500K-$1M. The terms I have seen have been very unfavorable to a business, and in addition to high interest rates carry very expensive warrants and deal costs.
On the upside, Todd is a good guy, Brett means well but is inexperienced, and they will take the time to learn about your business, and if they are interested they will make an offer fast.
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