A while back I wrote the blog post below and it was very well received.
As more founders ask me about the differences between non-dilutive capital (when you don't lose equity) and dilutive capital (when you lose equity), I thought it might be a useful aide to the community to share it again.
Take a look
https://www.fundstory.com/blog-posts/non-dilutive-funding-vs-dilutive-funding