In the context of venture debt, what is the specific purpose of attaching 'warrants' to the loan agreement?

In venture debt, a warrant is a legal contract that gives the lender the right, but not the obligation, to purchase a specific number of shares of the borrowing company at a predetermined price, known as the exercise price, within a set timeframe. The primary purpose of attaching warrants to a loan agreement is to provide the lender with an equity kicker, which is a mechanism to increase the overall return on their investment beyond the interest payments and fees c....