Mar 03

The Milestone Clause

Milestone Clause Definition

We do have in some of our deals where there are multiple tranches, we do have milestone clauses which are very different from a MAC clause. A milestone says if you don’t make a certain percentage of your forecast as revenue we don’t have to fund the second tranche, but it’s never retroactive.


Meet Nicholas Bologna, Investment Partner at Eastward Capital Partners.


Back to the Venture Debt Blog

This is not an offer to sell, or a solicitation of an offer to purchase an interest(s) in any fund managed by Eastward Capital Partners, LLC (“Eastward”). Such an offer will be made only by an Offering Memorandum, a copy of which is available to qualifying potential investors upon request. This material is not financial advice or an offer to sell any product. Eastward is a registered investment adviser. Registration does not imply a certain level of skill or training. More information about Eastward including its advisory services and fee schedule can be found in Form ADV Part 2 which is available upon request.

    Want more information?

    To begin a conversation about how we can work together complete the form below and an Eastward professional will be in contact with you shortly.