Instrument library
Revenue-linked

Evergreen Revenue Participation

A permanent 2–5% slice of revenue, paid indefinitely. No cap, no maturity — a perpetual royalty.

How it works
Investor buys a permanent revenue right. The business pays out monthly or quarterly for as long as it operates. Transferable; can be bought back at a negotiated multiple.
Best for

Mature, stable businesses where the founder refuses dilution and rejects fixed debt.

mature business
stable cash flow
no dilution
perpetual

Related in Revenue-linked