Key differences
- On our data, Hercules Capital and TriplePoint Capital list similar pricing, speed and requirements. Ask both for an offer and compare the actual terms you're quoted.
Side by side
| Hercules Capital | TriplePoint Capital | |
|---|---|---|
| Product | Venture debt | Venture debt |
| Funding type | Venture debt | Venture debt |
| Estimated rate as of today | Rates shown to approved members | Rates shown to approved members |
| Pricing source | Estimated as of today | Estimated as of today |
| Time to cash | About 6 weeks | About 6 weeks |
| Typical size | About 30% of your last equity round | About 30% of your last equity round |
| Term | 24–48 months | 24–48 months |
| Requirements | Minimum raise $5M · Institutional VC backing | Minimum raise $3M · Institutional VC backing |
| Regions | US | US |
| What they underwrite | Your company & investors | Your company & investors |
| Collateral | All company assets | All company assets |
| How you repay | Interest-only then amortize | Interest-only then amortize |
| Dilution | Small (warrants) | Small (warrants) |
Hercules Capital
Largest venture lender; typical borrower is $20M+ ARR.
TriplePoint Capital
Earlier-stage focus than Hercules; $3–50M facilities.
Hercules Capital vs TriplePoint Capital FAQ
What is the difference between Hercules Capital and TriplePoint Capital?
Which is cheaper for you?
The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.
Related comparisons
Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.