Venture debt loans typically are mid-term financial debt instruments targeted towards the specific needs of high-growth young technology companies which have already secured (previously or at least simultaneously) the backing of institutional venture capital investors. Venture debt loans are usually amortizing (although we also see bullet repayments) and frequently feature interest-only periods of anywhere from six months to eighteen months.
In any case, given that the German market for venture debt loans is still relatively small and new, it offers a lot of flexibility for startups and provides the opportunity to negotiate a tailor-made instrument.