"Focus on Banking and Finance" piece on royalty-based financing, where investors

Publication Year:
2004
Usage 3
Abstract Views 3
Repository URL:
https://digitalcommons.portlandlibrary.com/news_mainebiz/2324
Author(s):
Zicarelli, Rebecca
Tags:
Finance; Rockwater Capital Management Portland; Terralink Software Systems; Fernald; David; Moore; Peter; Ventre
article description
"Focus on Banking and Finance" piece on royalty-based financing, where investors earn a royalty or fixed percentage of a company's revenue stream rather than receiving equity in the company. Royalty-based financing has been used extensively by the movie, record and book-publishing industries. Peter Ventre and Peter Moore of Rockwater Capital Management in Portland, hope to bring royalty financing to businesses here in Maine. When David Fernald needed $200,000 in 1997 to grow Terralink, his Portland-based hazardous-waste software management company, he opted for royalty-based financing. Details.