Founderpath vs TIMIA - The Fast, No-Fee Alternative to TIMIA

The Fast, No-Fee Alternative to TIMIA

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

icon tickNo Fees
icon tickUnder 48 hours to wire
icon tickNo monthly reporting
icon tickSaaS Valuation Calculator

Join 3,021 Bootstrapped SaaS Founders

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Nate Pruitt

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.

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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
TIMIA
FounderpathFounderpath
Money wired under 24 hours
Diligence takes 3+ months
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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?
See "Use of Proceeds" clause
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Payoff early without fees or penalties
3 month penalty
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Treat you like a SaaS Founder?
Sell up to 25% of your loan off to strangers
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Keep your data private?
They can share your company data with lots of people, see "Permitted Transfers" clause
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8% discount rate (24 month term)
Very expensive repayment caps
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Easy to forecast, fixed monthly payments?
Changes based off your revenue
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SaaS Valuation Calculator
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Free CAC calculator
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Free cash flow/profit and loss reporting tool
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Free Lifetime value calculator
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Free Churn calculator
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SaaS Company HQ
US, Canada Only
Worldwide

Integrate with your favorite SaaS tools instantly

How it works

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

3,124

Offers made

...

$504m

Revenue on platform

Troy Noll

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.

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Frequently Asked Questions

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