

Capital Raising Series: Non-Dilutive Capital: Debt as a Growth Tool - Using debt to scale without giving up equity
This is our fourth workshop in the 4-part Capital Raising Series. Seats are limited, be sure to only RSVP if you plan to attend in person 😊
Non-Dilutive Capital: Debt as a Growth Tool
Using Debt to Scale Without Giving Up Equity
This workshop explains the major forms of debt available to founders, including lines of credit, private loans, bank loans, and venture debt. We break down when each option makes sense across the stages, how they differ in cost, risk, and flexibility, and how to combine debt with equity to extend runway, fund growth, and preserve ownership without over-leveraging the business.
About Clate Mask
Clate Mask
CEO
PHX FWD
Clate Mask is the CEO of PHX FWD and a longtime B2B SaaS founder, advisor, and investor. He co-founded and led Keap (formerly Infusionsoft) for over 20 years, growing it from a bootstrapped startup into a category-leading marketing automation platform serving hundreds of thousands of small businesses. Today, Clate coaches and advises SaaS CEOs on stage-driven growth, capital, and leadership, with a focus on helping founders scale their companies while building strong teams and sustainable lives.
This Capital Raising Series is brought to you in partnership with the Arizona Commerce Authority.