In-House Counsel
Jun. 23, 2011
Exemplyfing Business
Mary J. DentSVB Financial Group
Three years ago, the venture capital-funded startup Range Fuels, which makes cellulosic ethanol, became the first recipient of a Department of Agriculture loan guaranty program created to support novel biorefinery methods.
The Agriculture Department guaranteed 80 percent of the $80 million credit facility. Yet covering the remaining $16 million was still a feat for venture capital investor Khosla Ventures. So SVB stepped in, alon...
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