TIMIA Capital unlocks $60 million CAD to expand funding for B2B technology companies

TIMIA Capital has increased its lending capacity by $60 million CAD, allowing the firm to support more B2B technology companies with flexible debt capital across Canada and the United States.

The financing includes a $25 million credit facility from Calgary-based SAF Group and will allow TIMIA to provide larger loans to more technology-enabled businesses as founders increasingly seek non-dilutive financing to support growth while preserving ownership. 

As AI reshapes the technology landscape, venture investors are becoming increasingly selective. In response, more founders are looking beyond traditional venture capital and incorporating debt into their fundraising strategy to extend runway while minimizing dilution.

“Five years ago, most founders assumed venture capital was the only path to growth. Today, many are deliberately combining equity and debt to reduce dilution and maintain control,” said Michael Wallace, CEO of TIMIA Capital. “We’re seeing a strong pipeline of high-quality companies that are building sustainable businesses and looking for flexible capital to fuel their next stage of growth. This facility allows us to support more of those founders with larger investments.”

TIMIA has provided financing to companies including FactoryFix, VOXO, and COVA Software.

“We chose SAF because they understood our business and shared our long-term vision,” Wallace said. “From our first conversations, it was clear they were willing to take a thoughtful and flexible approach to structuring a facility that supports a growing manager like TIMIA.” 

“TIMIA has built a strong reputation supporting technology companies with flexible, founder-friendly capital. We’re excited to partner with the team as they continue expanding access to growth financing across the Canadian and U.S. technology markets,” said Wylie Johnston, Managing Director of SAF Group.

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