Income Share Rate

The percentage of your income paid back during the repayment period.

Repayment Period

How long you are projected to contribute a portion of your income to satisfy the ISA terms.

Repayment Cap

The repayment amount that will complete the ISA obligation. The standard Chisos CISA uses a 2.0x repayment cap to start. This cap can be reduced through a number of mechanisms.

Salary Floor

This is the threshold below which you won’t be required to repay for that period of time in which your annual income is below the threshold. Depending on circumstances, the payment term may be extended. See “deferment” for more details.

Deferment

Some circumstances - such as going to grad school or taking a maternity/paternity leave - may qualify you to pause the repayment plan and defer the payments into the future.

Funding Amount

This the amount you’ll receive to start or grow your business.