Provides secured loans and advisory support to venture-backed companies, and may also finance public and later-stage private companies or invest directly in company equity.
10-K for FY2025, filed Mar 13, 2026Venture Lending & Leasing IX, Inc. (the “Fund”) was incorporated in Maryland on June 28, 2017 as a non-diversified, closed-end management…View ↗
General. The Fund’s primary investment strategy is to provide debt financing, in the form of secured loans, to carefully selected…View ↗
The Fund provides financing and advisory services to a variety of carefully selected Venture-Backed Companies primarily throughout the…View ↗
The Fund lends to portfolio companies. Borrowers generally make periodic payments, usually monthly, and may owe a final payment at maturity; interest rates and repayment terms are negotiated for each loan.
10-K for FY2025, filed Mar 13, 2026Venture Loans. Venture loans generally are made pursuant to a negotiated loan agreement and are evidenced by promissory notes secured by…View ↗
$4.2M
10-K for FY2025, filed Mar 13, 2026
$4.2M ↗
Borrowers negotiate loan agreements directly with the Fund; financing may be advanced in one or more installments under a non-revolving commitment.
10-K for FY2025, filed Mar 13, 2026
No. It lost $8.5M in .
10-K for FY2025, filed Mar 13, 2026
10-K for FY2025, filed Mar 13, 2026
−$8.5MView ↗
Shrinking. Revenue fell 94% in 4 years, from $71M in to $4.2M in , about 51% a year.
New investment activity
The older report describes a strategy of making venture loans and possible direct equity investments; the latest says the Fund stopped making new loans and equity investments, apart from commitments already made.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 13, 2026General. The Fund’s primary investment strategy is to provide debt financing, in the form of secured loans, to carefully selected…View ↗
Illiquid and Long-Term Investment. After December 31, 2022, the Fund ceased making any new equity investments and investments in venture…View ↗
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