C3E’s debentureallows risk management adapted to the commercialization phase and acts as a financial leverage. It facilitates the acceleration of the business maturity and promotes future financing rounds.
Overview of the debenture
Amortization period: 12 years
Conversion terms: Royalties
Interest rate: None
Repayment period: From 3rd to 10th year (ie 8 years) on 5% of gross sales (residual payment after 10 years, converted into free interest loan payable, except for delay on payment)
Anticipated annual internal rate of return : 15% to 21%
Refer to the comparative chart (pdf only in French) for the differences between C3E’s instrument and that of a venture capital firm.