A royalty-based capital, which is an alternative to equity, provides financing in return for a percentage of future revenues. Simple terms: Once the amount of monthly royalties exceeds a certain limit, your obligation ends. Flexible debt is the structure of royalty-based capital. This allows you to get the capital that you require without having to give up any equity. We don't require business owners to have a seat on a board or any other control arrangements that are typical for equity investments. Because of its flexible payment structure, royalty-based capital can be a good fit for your cash flow. Your company's income performance affects the dollar amount that you pay monthly.