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
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

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

Frequently Asked Questions