Yes, delays in payments may occur due to various reasons, such as fluctuations in business performance, economic conditions, or market trends. Togetherise emphasizes the following points:
- Flexibility in Repayments: Some businesses may include provisions in their revenue-sharing promissory notes allowing for a limited number of deferred payments without penalty. The specific terms regarding deferments and penalties, if any, are detailed in the offering document and the promissory note associated with each campaign.
- Variable Payment Schedules: Payments to investors are tied to the business’s revenue performance. This means that repayment schedules can vary based on the business’s cash flow and operational circumstances.
Recommendations for Investors:
- Review Legal Documents: Refer to the offering document and the promissory note for complete details about repayment terms, deferment allowances, and associated penalties.
- Diversify Investments: Minimize the impact of potential delays by spreading your investments across multiple businesses.
- Plan Responsibly: Ensure that any invested funds are surplus to your essential financial needs to avoid disruptions caused by delayed repayments.
This approach aligns with the terms in Togetherise’s promissory note and ensures that investors are fully informed of their rights and potential risks.
