Banking and Finance Team Closes $20 Million Venture Debt Transaction

In September 2025, the firm’s Banking and Finance team closed 24 transactions totaling more than $906 million, underscoring our deep experience in venture finance, lending and complex commercial transactions.

Among these deals was a $20 million venture debt facility in which Smith Anderson’s Venture Debt and Technology Finance team represented a leading financial institution financing the acquisition by a private equity fund of an AI-powered enterprise automation company. The financing included $15 million in term loan commitments and a $5 million non-formula revolving loan facility.

This innovative transaction highlights Smith Anderson’s experience advising lenders in venture finance and growth-stage transactions involving high-innovation sectors such as artificial intelligence, automation and enterprise software. Venture debt and technology finance is a core strength of our Banking & Finance practice, where we regularly represent banks, private credit funds and other non-bank lenders and borrowers, in structuring and closing financing transactions for venture capital funds and emerging and technology-driven companies. Since 2020, we have represented clients in over 500 venture finance transactions.

Attorneys Geoff Adams and Sam Hipps advised on the deal, with paralegal support from Linnell Compton.