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The platform allows creators to earn monetary support from fans and is now supporting creators with non-equity cash advances.
Patreon provided the team with a cash advance of around $75,000 to cover the production budget for the series, with the expectation for Multitude to pay back a slightly greater sum from Next Stop’s Patreon earnings over the next two years. (Neither party disclosed the exact figure that Multitude needed to funnel back.) As a matter of risk mitigation, the Patreon revenues of another Multitude show, Join the Party, will be taken as collateral if Next Stop isn’t able to generate enough return to fully pay Patreon back after the two year period. The business of Patreon
https://techcrunch.com/2020/02/18/patreon-enters-the-micro-lending-game-with-patreon-capital/
