Venture debt - BBVA Spark

Grow and scale, without losing control over your business

Increase your runway by minimizing dilution with venture debt.

Find out more

What is venture debt?

Venture debt is a long-term financing product aimed at boosting your company’s growth.

It is an ideal alternative to complement your latest equity round led by Venture Capital funds.

Venture debt is normally provided at the same time or right after an equity round.

It is structured as a term loan, usually between 24-48 months. After an initial drawdown or interest-only period, the principal is paid monthly until maturity.

In addition to the interest rate and structuring fees, the bank typically receives a percentage of the nominal loan in stock or warrants at a pre-agreed valuation.

Venture debt is the perfect product for your company if you ...

Are a tech company

Are growing at double digits

Can generate growing revenues

Have raised an equity round

Have venture capital funds

in any of these verticals:

SaaS, greentech, mobility, consumer services, healthtech, proptech, fintech, etc.

and need to invest in:

software development, entering new markets, acquire a competitor, or simply extend your runway while minimizing dilution.

with attractive unit economics.

in the last few months

or are in the process of completing a Series A round.

(local or international) on your cap table.

Take the first step

This is how BBVA Spark boosts the growth of companies with specialized financing

We have already financed

Cabify

BBVA and Cabify close €15 million financing deal to boost sustainable mobility.

Casafari

BBVA Spark finances its first operation in Portugal alongside Casafari.

Exoticca

BBVA Spark grants €4 million loan to fund Exoticca's expansion into Latin America.

Insurama

BBVA Spark finances Insurama's expansion with 5.5 million euros.

Mundimoto

Mundimoto and BBVA Spark reach 6 million euro financing agreement.

Wallbox

BBVA finances Wallbox’s growth plans with €25 million.

Tell us more about your business

Complete the form, start your journey and talk to our experts to find the best alternative for you.

Take the first step

Bit 2 me

Cabify

Cafler

Casafari

Creze

Exoticca

Fracttal

Heura

Insurama

Mundimoto

Wallbox

Asset Backed Lending

What is Asset Backed Lending?

Asset Backed Lending is the ideal way to finance growth for businesses based on the origination of assets such as loans, receivables or Real Estate.

What are the advantages?

This type of financing allows you to free up capital to finance the purchase of assets.
Achieve a higher return on turnover.
Reduce dilution.

How does it work?

The bank provides collateralized financing for assets that are included in a trust or SPV.
The assets are included in the vehicle and are separate from the core business.
The lines are essentially revolving with credit drawn down according to a set limit to be drawn down over a set period of time.

BBVA Spark boosts the expansion of its customers with structured financing

Bit2Me

BBVA Spark joins Bit2Me’s 14 million round of funding.

Bravo

BBVA Spark supports Bravo with a financing agreement of up to 25 million euros.

Payflow

BBVA Spark and Payflow close a financing agreement of up to 20 million to boost their international growth.

Twinco

BBVA Spark backs Twinco Capital with new €50 million debt.

Still not a BBVA Spark customer?

Complete the form, start your journey and talk to our experts to find the best alternative for you.

Take the first step