TIMIA Capital
TIMIA Capital is a Toronto-based specialty finance company founded in 2015 that provides non-dilutive debt capital of $500K–$10M to B2B SaaS companies with $2-20M ARR in the U.S. and Canada, using a proprietary origination platform and risk-adjusted pricing of 15-18%.
- Company typePrivate
- Founded2015
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TIMIA Capital does
TIMIA Capital Corporation is a Toronto-based specialty finance company founded in 2015 that provides non-dilutive debt capital to B2B and SaaS technology companies in the U.S. and Canada. Its core offering consists of two products: Interest Only Loans (2-3 year terms, interest-only payments) and Amortized Loans (3-6 year terms, risk-adjusted rates of 15-18%), with facility sizes ranging from $500,000 to $10 million and, more recently, up to US$15 million through a joint venture with Arena Investors. The firm underwrites against recurring-revenue metrics (target borrower: $2-20M ARR, >50% gross margin, 10+ clients) using a proprietary loan origination platform and a relationship-driven origination model that relies on SaaS conferences, referral partners, and inbound applications.
TIMIA generates revenue primarily through recurring interest income on its debt facilities, supplemented by limited partnership management fees for funds targeting +20% IRR. Since inception the firm has written $200M+ in loan facilities across 80+ portfolio companies, with 35+ successful exits reported and a $157M loan book at the time of the most recent investor disclosure. Portfolio outcomes include notable exits such as Wagepoint (acquired by Providence Strategic Growth in 2023), Beanworks (acquired by Quadient in 2021), and WatchWire (acquired by Tango Analytics in 2023).
TIMIA operates as a subsidiary of Montfort Capital Corp, a publicly traded private credit manager listed on the TSX Venture Exchange (ticker MONT) and OTC Markets. Under Montfort, TIMIA pursued inorganic expansion via the 2021 acquisition of Pivot Financial (~$6M CAD) and the 2022-announced acquisition of Brightpath Capital (~$30.5M CAD), which together targeted combined assets of approximately $210M. The company is led by CEO Michael Wallace, who joined in 2024, and the leadership team was substantially refreshed between 2024 and 2026 with executives drawn primarily from Langhaus Financial and other Montfort group entities.
TIMIA Capital firmographics
Firmographics- Name
- TIMIA Capital
- Legal name
- TIMIA CAPITAL CORPORATION
- Website
- https://timiacapital.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TIMIA Capital is a Toronto-based specialty finance company founded in 2015 that provides non-dilutive debt capital of $500K–$10M to B2B SaaS companies with $2-20M ARR in the U.S. and Canada, using a proprietary origination platform and risk-adjusted pricing of 15-18%.
- Ownership category
- akta.pro rank
TIMIA Capital industry classification
Industry- Product category
- Venture Debt Financing
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
- akta.pro secondary industries
- SME Term Loans & Growth Capital (FSAKAGAB), Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where TIMIA Capital is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
TIMIA Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Debt Facilities: TIMIA provides debt capital to B2B technology companies in exchange for interest payments. Loans are structured as either Interest Only (2-3 year term) or Amortized (3-6 year term) with risk-adjusted pricing from 15-18%. The company earns recurring interest income and a share of profit from portfolio companies.
- Limited Partnership Management Fees: TIMIA manages limited partnerships for investors seeking exposure to technology portfolio with capital growth potential. The fund targets +20% IRR and +12% Annual Returns with a six-year fund life providing monthly cash returns to investors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Interest Only Loans: 2-3 year term, interest only payments |
| Subscription | Monthly | Amortized Loans: 3-6 year term, risk-adjusted rates 15-18% |
| Other | Multi-year contract | Credit Facilities: Up to US$15M available |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
TIMIA Capital product offering
Product offeringCore offering
TIMIA Capital provides non-dilutive debt capital — Interest Only Loans (2-3 year term) and Amortized Loans (3-6 year term, 15-18% risk-adjusted rates) — to B2B SaaS and technology companies with $2M–$20M ARR in the U.S. and Canada. Loan facilities range from $500K to $10M per company, with credit facilities up to US$15M available through a joint venture. The firm also manages limited partnership funds targeting >19% IRR for investors seeking technology debt exposure.
Product overview
TIMIA Capital provides debt capital to B2B technology companies through two core financial products: Interest Only Loans (2-3 year term with interest-only payments) and Amortized Loans (3-6 year term with risk-adjusted rates of 15-18%). Both products offer non-dilutive financing with flexible repayment structures, enabling tech entrepreneurs to retain equity and control while accessing capital ranging from $500k to $10 million for companies with $2-20 million in ARR.
Differentiator
Problem solved
Functional benefit
Products and services
- Interest Only Loans A 2-3 year term debt facility with interest-only payments, designed to subordinate to senior bank debt. Targeted at B2B SaaS and technology companies with $2M-$20M ARR seeking to grow valuation before a venture capital round. Includes an option to convert to an Amortized Loan.
- Amortized Loans A 3-6 year term debt facility with risk-adjusted rates of 15-18%, featuring an interest-only period followed by increasing principal payments. Designed for bootstrapped or lightly capitalized B2B SaaS and technology companies seeking growth capital without dilution, and can be used to fund sales/marketing, customer acquisition, buy out investors, build valuation, or finance acquisitions.
- Credit Facilities (up to US$15M) Individual credit facilities of up to US$15M available for recurring-revenue technology companies, with TIMIA announcing US$100M in new tech capital to deploy through a joint venture with Arena Investors. Multi-year contract structure.
- Limited Partnership Fund Management TIMIA Capital manages limited partnerships that provide qualified investors exposure to its portfolio of tech debt loans, targeting +20% IRR and +12% annual returns with a six-year fund life and monthly cash distributions to investors.
Quantifiable outcome
- Portfolio companies average 57% revenue growth year-over-year
- +4 more outcomes
Companies that use TIMIA Capital
Customer profileNamed customers12 records
Segments1 record
Ideal customer profiles2 records
TIMIA Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
TIMIA Capital partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights4 records
TIMIA Capital competitors and assessment
Company assessmentDirect peers
- Espresso Capital: Canadian specialty lender providing venture debt and revenue-based financing to B2B SaaS and technology companies; TIMIA's Head of Due Diligence (Natalie Davies) previously led due diligence at Espresso, and the two compete head-to-head in the same North American SaaS debt niche.
- Founderpath: US-based fintech offering revenue-based financing and term loans specifically to B2B SaaS founders, with a tech-enabled online application flow similar in spirit to TIMIA's origination platform; directly comparable in target segment, ticket size, and product structure.
- Clearco: Well-funded Canadian-origin provider of revenue-based financing to e-commerce and SaaS businesses; competes with TIMIA on non-dilutive growth capital, although Clearco leans more toward e-commerce while TIMIA is pure B2B SaaS.
- Lighter Capital: US-based fintech providing non-dilutive revenue-based financing and term loans to SaaS companies, typically in the $1-10M ARR range; directly comparable in product, ticket size, and target customer to TIMIA's amortized and interest-only loans.
- Capchase: Provider of non-dilutive financing solutions (revenue-based financing and venture debt) to SaaS companies, with a heavy emphasis on recurring revenue underwriting; competes with TIMIA for the same bootstrapped and growth-stage SaaS customers.
Emerging players
- WTI Fund: Specialty finance provider offering revenue-based financing and term debt to SaaS and tech-enabled businesses; overlaps with TIMIA's underwriting approach and target borrower profile, but at smaller scale.
- Pipe: Platform that allows SaaS and subscription companies to convert recurring revenue into upfront capital via revenue-sharing contracts; a different legal form but functionally competing for the same 'non-dilutive capital for SaaS founders' mind share as TIMIA.
- Arc: Emerging fintech offering SaaS founders a combination of cash, banking, and capital products; the capital arm competes with TIMIA for early-stage SaaS borrowers seeking non-dilutive funding.
Others
- Bloomio: Crowdfunding and revenue-based financing platform enabling investors to fund growing SMEs, including SaaS businesses; an adjacent capital-formation channel competing for the same non-dilutive growth capital demand that TIMIA serves.
Broad incumbents
- Hercules Capital: Largest publicly traded specialty finance company focused on venture debt to technology and life sciences companies; competes for upper-end SaaS borrowers in TIMIA's range, with significantly larger balance sheet capacity and broader product offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
TIMIA Capital social profiles
Digital presenceTIMIA Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
TIMIA Capital leadership team
Management profileNumber of profiles
Profiles9 records
TIMIA Capital funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TIMIA Capital M&A and investment
M&A and investmentM&A2 records
Investments34 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TIMIA Capital
What does TIMIA Capital do?
TIMIA Capital provides non-dilutive debt capital — Interest Only Loans (2-3 year term) and Amortized Loans (3-6 year term, 15-18% risk-adjusted rates) — to B2B SaaS and technology companies with $2M–$20M ARR in the U.S. and Canada. Loan facilities range from $500K to $10M per company, with credit facilities up to US$15M available through a joint venture. The firm also manages limited partnership funds targeting >19% IRR for investors seeking technology debt exposure.
Is TIMIA Capital a public or private company?
TIMIA Capital is a private company. It is classified as corporate owned and is currently operating.
When was TIMIA Capital founded?
TIMIA Capital was founded in 2015. It employs 11 to 50 people.
Where is TIMIA Capital based?
TIMIA Capital is headquartered in Toronto, Canada, in the North America region.
How does TIMIA Capital make money?
Two revenue lines are on record. Interest Income from Debt Facilities are the primary driver. The others are limited Partnership Management Fees.
Who are TIMIA Capital's main competitors?
Direct peers on record are Espresso Capital, Founderpath, Clearco, Lighter Capital and Capchase. Emerging players are WTI Fund, Pipe and Arc. Bloomio is listed as an others. Hercules Capital is listed as a broad incumbent.
Does TIMIA Capital have an API?
No public API is recorded for TIMIA Capital.
What industry is TIMIA Capital in?
TIMIA Capital's product category is Venture Debt Financing. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending, with a secondary code of FSAKAGAB, SME Term Loans & Growth Capital. Its NAICS code is 522 and its SIC code is 6159.