startup debt funding


14% interest p.a. payable monthly

if cash is not available (excluding the capital raised) to meet the interest payment it is forfeitted not accumulated

after 7 years, 20% of principal repaid. further 20% repaid after the end of the 8th year, 9th year, 10th year, 11th year.

target 18 months until strong cashflow (no specific date over 7th years)