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Business Funding

Explain the Repayment Obligation Before Accepting Business Funding

A clear explanation of a funding proposal should describe the money available, the collection schedule and the expected source of repayment. Don McClain, Founder of Medro Advisors, offers that preparation exercise in his October 8 Substack web post. Owners are encouraged to identify what can change, how any revenue-linked adjustments work under the agreement and which operating assumptions support repayment. The exercise keeps unanswered questions visible until they are resolved. For businesses evaluating working or growth capital, this is a practical way to prepare for a terms discussion without relying on a product name or an expected funding timeline. Related reading: the forthcoming book FUNDED.

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