“A financing project could include terms that postpone principal payments for up to 12 months as part of the original ask.
Another thing to inquire about is the ability to postpone payments as you ramp up in the new location. “A financing project could include terms that postpone principal payments for up to 12 months as part of the original ask. It’s not unusual, nor are prepayment options up to 15% every 12 months, which allow entrepreneurs to fast-track repayment,” Amaral says.