How It Works - TIMIA Capital
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Investors

TIMIA Capital’s limited partnerships and common shares offer a range of opportunities to invest in recurring revenue technology companies.

TIMIA Capital

789 W Pender St #1530
Vancouver, BC
V6C 1H2
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How It Works

We take a tailored approach to each business. We have a qualitative and quantitative assessment process that rewards software companies that best align with TIMIA’s growth capital.

The SaaScore Assessment

TIMIA is built on a tech-enabled lending platform that helps us originate, underwrite, and manage growth financing for technology companies. We guide you through a three-phase risk assessment framework called SaaScore to approve your financing as quickly as possible.

  • Phase One

    The Initial SaaScore Assessment examines 15 data points including recurring revenue (past 3 months), recurring revenue (past 12 months), gross margin percentage, logo churn, cash burn, debt outstanding, etc.

  • Phase Two

    The second SaaScore Assessment helps us decide if we will present the company with a Term Sheet and how we will price and structure the deal. We will send the company a Monthly Metrics sheet for them to complete with the last 24 months of data.

  • Phase Three

    The final SaaScore Assessment is where our due diligence team dives into the business deeper and validates the information provided. After due diligence, the TIMIA Investment Committee meets to review the deal and if it is approved then the Legal Documents are circulated and Closing/Funding is completed.

Lending Process Timeline

  • ASAP
    Initial call
  • 2-5 Days
    Phase 1 SaaScore
  • 1 Week
    Phase 2 SaaScore
  • ASAP
    Term Sheet Issued
  • 3 Weeks
    Phase 3 SaaScore
  • 1 Week
    Legal Documents
    & Closing

Let’s Get Acquainted!

To make the process as seamless as possible, have the following details handy before scheduling the initial call:

  • Company legal name
  • Contact (phone/email) of key contact
  • Company address
  • B2B SaaS: Yes/No
  • Annual recurring revenue or monthly recurring revenue
  • Monthly burn rate (Is this less than 50% of MRR?)
  • Annual growth rate
  • Annual logo churn
  • Annual revenue churn

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