Key differences
- Western Technology Investment is usually faster to fund (about 4 weeks vs about 6 weeks).
Side by side
| Hercules Capital | Western Technology Investment | |
|---|---|---|
| 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 4 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 $1M · 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.
Western Technology Investment
Long-running venture lender to early and growth-stage startups.
Hercules Capital vs Western Technology Investment FAQ
What is the difference between Hercules Capital and Western Technology Investment?
Western Technology Investment is usually faster to fund (about 4 weeks vs about 6 weeks).
Which is faster, Hercules Capital or Western Technology Investment?
Western Technology Investment usually funds in about 4 weeks; Hercules Capital takes about 6 weeks.
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.