Royalty Fund
Type of Assistance: Loans
Industry: Other
Maximum Amount Available: $100,000
Qualifier or Eligibility
- Create employment opportunities or save jobs
- fixed assets, working capital, refinancing
- Must demonstrate long term financial potential
- and ability to repay loan
- Repayment-low interest note payments or
- royalties tied to profits annually
Funds
- Maximum $100,000
- Term: negotiable-maybe deferred up to 2 years
- Interest rate: below market, as low as 3%
