Timia Capital expands B2B tech lending capacity with funding from SAF Group

Toronto-based Timia Capital has bolstered its lending capacity by $60 million CAD, giving it the ability to provide larger loans to more business-to-business (B2B) technology companies. The news: Timia provides debt to B2B tech firms across Canada and the United States, focusing on B2B software-as-a-service and software-enabled companies with product-market fit, with between $2 million and $20 million in annual recurring revenue and gross margins of 50 percent or more.