Please reach out to your Relationship Manager to learn if Venture Debt is right for your company. Learn more about venture debt.
Lending products designed to fuel the innovation economy
First Citizens Innovation Banking provides tailored credit solutions for VC-backed startups and investors in the innovation economy.
Lending innovation to save you time and money.
Learn more about our digital lending app and streamline closing process.
- Seamless and intuitive digital experience
- Secure file upload
- Accounting system integration
We support our clients as they grow with the solutions and financing they rely on, with
$44B in loans*
*Period end total loans as of 12/31/2025
Lending solutions tailored for growth
As a patient lender to the innovation economy, we have a unique perspective for your industry vertical.
- Extending runway for VC-backed startups
- Financing growth activities and customer acquisition
- Funding CAPEX and purchasing long term assets
- Managing a VC / PE fund and firm
Recent transactions
$5,000,000
Growth Capital Term Loan
May 2026
$35,000,000
Line of Credit and Venture Term Loan
Administrative Agent and Lender
April 2026
$850,000,000
Senior Syndicated Revolving Credit Facility
Joint Lead Arranger & Joint Bookrunner
April 2026
Growth Capital Term Loan
April 2026
$5,000,000
Growth Capital Term Loan
March 2026
$40,000,000
Growth Capital Term Loan
March 2026
$4,000,000
Growth Capital Term Loan
February 2026
$3,000,000
Growth Capital Term Loan
January 2026
$10,000,000
Growth Capital Term Loan
January 2026
Mezzanine Term Loan
Administrative Agent and Lender
January 2026
Line of Credit and Venture Term Loan
Administrative Agent and Lender
January 2026
Debt Facility
January 2026
$9,500,000
Growth Capital Facility
December 2025
Growth Capital Term Loan
December 2025
$100,000,000
Growth Capital Term Loan
Sole Lender
December 2025
Venture Term Loan
Administrative Agent and Lender
December 2025
$45,000,000
Growth Capital Term Loan
Administrative Agent and Lender
December 2025
Senior & Mezzanine Term Loan
Administrative Agent & Lender
December 2025
New Banking Relationship
December 2025
$2,000,000
Growth Capital Term Loan
November 2025
$2,000,000
Growth Capital Term Loan
November 2025
A partner through the cycles. We have over 40 years of experience banking innovators and investors, further strengthened by the backing of First Citizens Bank’s 125-year history and fortress balance sheet.
We offers a full suite of lending solutions with specializations for your industry vertical
Choosing the right credit partner is one of the most critical decisions a business leader can make.
We understand the unique pressures of establishing a new business while managing funding cycles and rapidly scaling an organization. We have pioneered innovative lending options such as venture debt and recurring revenue lines of credit, and provide a full solution set beyond lending to help you start, and grow your business.
Elevated service and value beyond the transaction
We offer unparalleled client service and foster community in the innovation ecosystem with curated industry events and insights, as well as exclusive offers for clients.
Ability to tailor solutions to your unique circumstances
We invest time to understand your objectives and design a unique credit solution tailored to your needs, enabling you to concentrate on propelling your success.
Save time and money
Use our innovative digital lending app and Streamline closing process to expedite the process from beginning to end.
Lending to fit your business needs and stage of growth
Venture Debt
A term loan secured at the same time or shortly after an equity round, used to provide runway extension and minimize founder equity dilution in the next funding round.
Working Capital
Flexible capital solutions for fast-growing clients. Lending is assessed based on accounts receivable, inventory or the quality of recurring revenue and can be put to work to accelerate working capital cycles and to fuel business growth.
Acquisition Financing & Syndications
A loan provided to a sponsor-controlled company for the purpose of financing the initial buyout, a distribution, or an acquisition.
Project Finance
We have deep expertise in sustainable energy and offers a full suite of financing solutions for sectors such as clean energy generation and storage, water infrastructure and more.
Capital Call Lines of Credit
Capital Call Lines of Credit allow both VC and PE funds to more easily manage investment flows with LPs and help enhance fund return measures.
Structured Fund Solutions
Asset-based lending to allow PE funds to leverage the value of portfolio company investments to support continued investment activity.
The strength of First Citizens Bank
1 Moody’s Investor Service, S&P Global Ratings data as of 9/30/2025.
2 Large Commercial Banks, Federal Reserve Statistical Release 9/30/2025.
Ready to talk with our team?
Contact your Relationship Manager for more information about lending solutions or click below to get started.