From May 13 to 17, the 31st edition of the Entrepreneurs Campus organized by SeedRocket, the first ICT accelerator in Spain, will be held in Barcelona. This new edition continues looking for ICT projects that have a high potential to become the great companies of tomorrow, and has counted with the participation of Jose Ramon Martin, BStartup advisor of Banco Sabadell, and Roger Blanch, Investment Manager of BStartup10 of Banco Sabadell in the panel “How do you want to finance your startup?”.

Experts in bank financing shared, with the finalist startup companies of the Entrepreneurs Campus, some of the advantages and opportunities of the bank’s financing solutions for startups, as well as the keys to bank financing for startups.

“The combination of investment and non-dilutive financing is increasingly necessary, since investor resources should be allocated to the growth and development of the startup. And use non-dilutive bank financing to finance key aspects such as working capital and Capex of the company. Bank financing instruments to take care of cash can be a good solution, helping to cover working capital financing needs and lengthen the runway”, said Ramon Martín.

Among the panel’s advice, the opportunity to rely on bank financing, for example, to cover cash gaps caused by collections and payments for B2B startups can be a good idea, allowing them to increase their maneuvering capacity and grow sales at a faster rate.

#SeedRocketCampus | @rogerblal, Investment Manager #BStartup10: “We invest in all types of sectors. If there can be collaborative innovation with the entity we encourage it, but it is not an indispensable condition in our investment thesis.”. https://t.co/ZyPfYqb72J pic.twitter.com/gguhSvZrKN

— BStartup (@BStartup) May 15, 2024

“Bank financing can be an appropriate solution for working capital, so having invoicing to customers and payments to suppliers is a key aspect, with bank financing being used to cover cash gaps between collections and payments. Another key factor is the company’s financial structure. It is important to have healthy and sufficient equity for the development of the company’s strategic plan, as well as a long-term forecast of capital needs, which allows a balance to be maintained between equity and debt”.

#SeedRocketCampus | Ramon Martín @BStartup: “Although it is not usually the main source of funding, bank financing is a good complement in the overall funding strategy and an excellent financial support to accompany the growth of startups.” https://t.co/9TPUWxY1Gj pic.twitter.com/3UTIAIXmSh

— BStartup (@BStartup) May 15, 2024