What is revenue based financing and is it right for older adults?
Revenue based financing is a funding method where repayments are based on a percentage of income, rather than fixed monthly payments. This can be appealing for older individuals running small businesses or legacy ventures, offering flexibility without heavy debt burdens.
Start by reviewing your expenses and identifying areas to cut back. Look into community resources, government programs, and flexible financial tools. Even small changes — or timely information — can create major shifts.
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