PIK and cash-pay interest
Understand payment-in-kind interest, cash-pay interest, compounding and how growth credit facilities can combine different forms of interest.
6 min read26 Aug 2026Alex Price
Founder & Editor
Alex Price is the founder & editor of Undiluted. Having previously built and sold an agency and media business to a debt financed roll up, he launched Undiluted in 2026. Alex talks with funds, banks, advisors and others across the growth lending ecosystem daily.
LinkedIn (opens in a new tab)Terms & Structures Raising Growth Debt Choosing a venture debt or growth credit lender
How to compare growth debt and venture debt lenders across capital certainty, total cost, structure, flexibility, reputation and follow-on capacity.
7 min read26 Aug 2026Terms & Structures Drawdowns and tranches
Understand growth debt and venture debt commitments, tranches, availability periods, milestones, drawdown conditions and fees on undrawn amounts.
6 min read26 Aug 2026Raising Growth Debt Venture debt due diligence
What to expect from growth or venture debt due diligence across management, customers, forecasts, funding, legal review, security and downside analysis.
7 min read26 Aug 2026Managing Growth Debt What happens if a company cannot repay growth debt?
Understand the options when a company cannot repay a growth credit facility or venture debt, from early lender engagement and restructuring to enforcement and insolvency.
6 min read26 Aug 2026Managing Growth Debt Raising equity with debt outstanding
How outstanding growth debt or venture debt affects a later equity round, from lender consent and investor diligence to repayment, runway and closing.
6 min read26 Aug 2026Terms & Structures Growth debt repayment structures
Understand interest-only periods, amortisation, bullet repayments and how different growth debt and venture debt repayment structures affect company cash flow.
4 min read26 Aug 2026Terms & Structures Security and collateral in growth lending
Understand security and collateral in growth debt and venture debt, including all-assets packages, IP, cash, receivables, guarantees and lender priority.
4 min read26 Aug 2026Managing Growth Debt Amending or extending a growth debt facility
Learn how growth debt and venture debt facilities can be amended or extended through waivers, covenant resets, maturity extensions and additional tranches.
4 min read26 Aug 2026Managing Growth Debt Refinancing venture debt
A practical guide to refinancing growth debt or venture debt, covering timing, incumbent and new lenders, prepayment costs, payoff mechanics and refinancing risk.
4 min read26 Aug 2026