Royalty Based Finance Growth Capital

/ Royalty Based Finance Growth Capital

It Can be Challenging to Obtain Growth Capital

It is challenging for emerging companies with $3M to $50 in annual revenue to obtain growth capital . They typically need $1M to $3M for business expansion.  But, most banks prefer to lend working capital, not pure growth capital.  Per the Bank Administration Institute, more than 30,000 commercial loan applications are declined every day in the United States.