Secured Revenue Sharing Note
Multiple: 1.6x
Revenue Share Percentage
(rate dermined by total offering amount)
Amount Raised % of Revenue
$50,000 - $100,000 5.00%
$100,001 - $125,000 6.00%
$125,001 - $150,000 7.00%
Payment: % of revenue paid monthly, distributed to investors quarterly
Minimum Payment: In the event that officer-certified monthly revenue is not reported within 5 business days of month end, a Minimum Monthly Payment of 1.0% of the total offering amount will be assessed.
Maturity: 60 months
Security Interest: Blanket lien on assets of company