The Fast, No-Fee Alternative to TIMIA

TIMIA charges 2% setup fee, $10k work fee. They love fees! Founderpath offers:

YesNo Fees
YesUnder 48 hours to wire
YesNo monthly reporting
YesSaaS Valuation Calculator
Compare Terms
TrustpilotTrustpilot
Stars Rating$271M funded to 710+ founders →
The Fast, No-Fee Alternative to TIMIA

Join 3,021 Bootstrapped SaaS Founders

Fast growing SaaS companies

TIMIA Reviews

NP

Nate Pruitt

United States

Exactly the type of funding we were looking for

Founderpath has been a perfect avenue for our short-term cash needs. Instead of the "traditional" process with all the headaches, Nathan and his team made it really easy for us to fund additional development resources in order to get our next version to market sooner than planned. We take cash as we need it and repay it quickly based on the customer run rate. As an equity owner, not having to give up equity in exchange for funds is exactly what our company was looking for. I wouldn't hesitate to recommend Founderpath as a viable funding option.

Stars Rating

Why choose Founderpath over TIMIA?

Use SaaS Financing Software that scales with you. See why SaaS founders are taking money from Founderpath and using our valuation and reporting tools to make it the #1 TIMIA alternative.

TIMIA
Founderpath
Money wired under 24 hours
Nodiligence takes 3+ months
Yes
Fee
$10k "Work Fee"
No Fees
Fee
2% "Setup Fee"
No Fees
Fee
$10k Closing Costs and Legal Fees
No Fees
Monthly Reporting Required?
Takes 10 hours (Require monthly GAAP pdf/excel statements)
Automated through platform
Spend money how you want?
Nosee "Use of Proceeds" clause
Yes
Payoff early without fees or penalties
No3 month penalty
Yes
Treat you like a SaaS Founder?
Nosell up to 25% of your loan off to strangers
Yes
Keep your data private?
Nothey can share your company data with lots of people, see "Permitted Transfers" clause
Yes
SaaS Company HQ
US, Canada Only
Worldwide
Minimum Annual Revenue
$3,000,000
$120,000
Penalty/Covenant?
"Low Revenue Adjustment Clause"
No Penalties or Covenants
8% discount rate (24 month term)
Novery expensive repayment caps
Yes
Easy to forecast, fixed monthly payments?
Nochanges based off your revenue
Yes
SaaS Valuation Calculator
No
Yes
Free CAC Calculator
No
Yes
Free cash flow/profit and loss reporting tool
No
Yes
Free cash flow/profit and loss reporting tool
No
Yes
Free Churn Calculator
No
Yes

Integrate with your favorite SaaS tools instantly

How it works

Founderpath is the Fastest Growing TIMIA Alternative

Founders Will Take $250m This Year. So far:

3,124

Offers made

...

$504m

Revenue on platform

TN

Troy Noll

United States

No strings attached non-dilutive debt

We recently worked with Founderpath to draw down a loan with zero dilution. Nathan and the team at Founderpath where easy to work with and the process was extremely straightforward and we received the funds very quickly once agreed.

Stars Rating

What is TIMIA Capital?

TIMIA Capital was a Canadian revenue-based financing company for SaaS and subscription businesses, acquired by Round13 Capital in November 2024. They charged a 2% setup fee and a $10K work fee at closing, required monthly financial reporting, and imposed financial covenants. TIMIA was primarily focused on North American companies and had a more manual, slower diligence process than tech-enabled platforms.

Founderpath is the most commonly cited TIMIA alternative for founders who want fee-free, fast financing. Founderpath charges no setup fees, no work fees, no origination fees, requires no monthly reporting, imposes no covenants, and wires capital in under 48 hours through automated integrations. Founderpath also funds companies worldwide, not just North America.

Frequently Asked Questions

TIMIA Capital was a Canadian revenue-based financing company for SaaS and subscription businesses. TIMIA was acquired by Round13 Capital in November 2024. They charged a 2% setup fee and a $10K work fee at closing, required monthly financial reporting, and imposed financial covenants. TIMIA was primarily focused on North American companies. Founderpath charges no setup fees, no work fees, requires no manual reporting, and funds companies worldwide.
TIMIA Capital charges a 2% setup fee plus a $10K work fee at closing. On a $500K facility, that is $10K + $10K = $20K in fees before any interest. Founderpath charges no fees of any kind — no setup fee, no origination fee, no closing costs, and no work fee.
Yes. TIMIA Capital requires monthly financial reporting. Founderpath automates all reporting through direct integrations with your billing, banking, and accounting platforms — no manual reports required at any point during the facility.
The main TIMIA Capital alternatives for SaaS founders are Founderpath, Lighter Capital, Espresso Capital, and Capchase. Founderpath is most commonly preferred because it has no fees, no monthly reporting, no covenants, and wires capital in under 48 hours.
Yes. Founderpath funds SaaS companies worldwide, including Canada. Unlike TIMIA which is primarily North America-focused, Founderpath accepts applications from founders in Canada, Europe, Australia, and other regions, provided the company meets the minimum ARR requirement of $500K.
Founderpath launched in 2021 by investing non-dilutive capital in B2B SaaS companies. Today, Founderpath funds a variety of business models including SaaS, ecommerce, and agency's. Connect your billing, bank, and accounting tools, and within 24 hours you can unlock capital based on your business performance.
Founderpath works with founders running B2B SaaS companies with at least $500k in last year revenue, healthy retention, and recurring subscription contracts. Founderpath also funds ecommerce brands with at least $500k of last year sales and agencies who do more than $1m per year in revenue.
With Founderpath you keep 100% of your equity — no board seats, no dilution, and no long fundraising cycles. Unlike banks, we move fast, don't require personal guarantees, and understand recurring revenue models.
We offer Revenue Financing, Term Loans, and Merchant Cash Advances. All are non-dilutive (we get no equity) and are designed specifically to help founders and business owners keep equity and keep control of their business.
Most founders see funds in their account within 24–48 hours after connecting their data.
No. Founderpath is 100% non-dilutive. You never give up equity, control, or board seats.
Founderpath's revenue financing product offers discount rates on future revenues as low as 7%. Founderpath's term loan product offers interest rates as low as 15%. Founderpath's Merchant Cash Advances offers repayment rates as low as 5% of your monthly revenue. All funding offers are contingent on underwriting.
We look at key SaaS metrics like ARR, churn, gross margins, and retention. The stronger your metrics, the more capital you can unlock at better rates. For ecommerce brands, we look at margins, unit economics around customer acquisition, and your ability to scale sustainably.
Founderpath has funded $271M to 710+ software founders. Founderpath's average deal size is about $600,000. The strongest companies raise $5m+ from Founderpath.
No full personal guarantees and no warrants. Founderpath takes a lien on business assets only.
Founderpath generally works with founders, within reason, if the business declines or hits trouble.
Yes. Founderpath uses bank-level security and encryption. Your data is private, never sold, and only used to underwrite your capital offer. Visit Founderpath's trust center and view security certificates in the footer of founderpath.com
Yes. You can repay early at any time, and generally save on any future fees or interest.
Founderpath has funded 710+ SaaS Founders including Bettercomp, Kissflow, Reply.io, BadgerMaps, DearDoc, Cybersmart, MobileMonkey, and many more. These founders have scaled faster, extended runway, or avoided dilution by keeping full control of their companies.
Yes. We're available in most countries and have already done deals with founders in Canada, South America, Europe, and Asia.
Yes. You can check by clicking on the GDPR logo in the footer and by visiting https://prighter.com/q/18604028289
founderpath logo

Products

Revenue FinancingTerm Loan
Line of CreditNew
Merchant Cash Advance

Industries

SoftwareBrick & MortarCPG Brands

Resources

Software Private Credit ReportGrowth PlaybooksSaaS Financing OptionsFree CoursesBlogGlossaryIntegrationsCase Studies

Free Tools

Bank Statement ConverterSalary BenchmarksSee all Free Tools →

Events

Past EventsUpcoming EventsSaaS EventsNapa Valley CA 2026Join Live WebinarSee all Events →

Company

About UsReferralsPartnersReviewsMedia KitOne PagerFeedbackStatus

Compare

vs SVBvs Lighter Capitalvs Capchasevs SaaS Capitalvs Clearco

Legal

aicpa soc

SOC 2 Compliant

gdpr compliant

GDPR Compliant

© 2026 Founderpath, Inc. All Rights Reserved.

AI summary:
ChatGPTClaudeGeminiGrokPerplexity
YoutubeLinkedInX
Privacy PolicyTerm of ServiceSecurity CenterBug Bounty