Revenue-Based Financing
Need growth capital? Revenue-based financing might be a good fit your business!
Good candidates for revenue-based financing have:
- Established business sales of >$500,000/year
- Sales growth forecast 15%+
- A mission aligned with CEI to build a just, vibrant and climate-resilient future
- Growth strategy with demonstrated market opportunity
- New England headquarters
- Strong management team
Terms
Terms and closing costs may vary based on specifics of project and prevailing market rates. Typical time to approval is 4-6 weeks but can fluctuate based on number of requests.
Geography:
New England
Sector:
All sectors in growing markets
Uses:
Working capital for growth; business acquisition; real estate or equipment acquisition; new hires
Amount:
Up to $250,000
Interest Rate:
N/A
Return Expectation:
1.5 times the original loan amount; can be adjusted to 1.3x if payoff in 3 yrs
Typical Term:
5-7 years
Other Features / Requirements:
No payments for first (3) months, then 1.5% of revenue on a monthly basis (graduated repayment schedule implemented in certain cases). Must have a minimum 1 yrs operating history and $350,000 revenue; 0.9x DSC; projecting $1-5 million in revenue in 2-5 years; approve additional debt; board observer role
Loan Process