WeWork has a plan to shore up confidence in its business before it goes public: offer billions of dollars in debt that would fund its growth until it can turn a profit.

The money-losing office space manager is seeking to raise as much as $3bn to $4bn in coming months through a debt facility that could grow as big as $10bn over the next several years, according to people familiar with the matter. This debt offering would be independent of the money WeWork raises in its initial public offering and could even raise more money for the company than the IPO itself.