2. No Repayment Obligation: Equity financing does not have fixed repayment such as debt, so a company can reinvest cash into growth rather than servicing debt.2. No Repayment Obligation: Equity financing does not have fixed repayment such as debt, so a company can reinvest cash into growth rather than servicing debt.2. No Repayment Obligation: Equity financing does not have fixed repayment such as debt, so a company can reinvest cash into growth rather than servicing debt.2. No Repayment Obligation: Equity financing does not have fixed repayment such as debt, so a company can reinvest cash into growth rather than servicing debt.2. No Repayment Obligation: Equity financing does not have fixed repayment such as debt, so a company can reinvest cash into growth rather than servicing debt.