SVB collapse leaves some Bay Area life science tenants without a crucial line of credit
The FDIC has guaranteed Silicon Valley Bank's customers access to their deposits. But it hasn't mentioned what might happen to SVB-issued lines of credit, which many startups use as security deposits for leased space.
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The FDIC has guaranteed Silicon Valley Bank's customers access to their deposits. But it hasn't mentioned what might happen to SVB-issued lines of credit, which many startups use as security deposits for leased space.
