Revenue-Based Financing & Venture Debt: Caps, Repayment Rates and True Cost
Model RBF caps and revenue shares, build a repayment schedule, find the true annual cost with IRR, test growth sensitivity, structure venture debt with warrants, compare with equity dilution and merchant cash advances, then score the options, every cell checked.
The first lesson is free — no account needed.
About this course
A revenue-based financing course that compares the funding offers of fictional growing companies in a spreadsheet, for founders, finance leads, startup advisers and finance students. You turn three RBF offers into total repayment, fee, monthly payment and months to repay, build a repayment schedule with growing revenue that stops exactly at the cap, find the true annual cost with IRR on monthly cash flows, see in a sensitivity grid why faster growth makes RBF more expensive per year, model a venture loan with an interest-only period, fees and warrants, compare RBF, venture debt and equity by cash cost plus the value of the ownership given up, convert merchant cash advance factor rates into an APR and score four financing options with weighted criteria. Illustrative offers, educational only, not financial advice. The first lab is free.
Lessons
- Revenue-Based Financing Basics: Advance, Cap and Revenue ShareFree
- RBF Repayment Schedule with Growing Revenue (Chart) Pro
- The True Cost of RBF: IRR on Monthly Cash Flows Pro
- Sensitivity to Growth: Faster Growth, Higher Annual Cost Pro
- Venture Debt: Interest-Only Period, Amortisation and Warrants Pro
- RBF vs Venture Debt vs Equity: Cash Cost and the Cost of Ownership Pro
- Merchant Cash Advance: Factor Rates vs APR Pro
- Choosing Financing for a SaaS Company: Weighted Scoring Pro