TIMIA closes $2 mln revenue funding deal with Beanworks Solutions
TIMIA Capital Corp has agreed to provide $2 million in revenue financing to Beanworks Solutions Inc, a Vancouver developer of accounting workflow automation solutions. TIMIA will deploy $500,000 at the time of the deal's closing and make further disbursements linked to the company's revenue growth. Beanworks, established in 2012, is led by Co-Founder and CEO Catherine Dahl. TIMIA, a Canadian specialty finance firm, provides funding to technology companies in exchange for a royalty on revenue.
1 June 2017•2 mins read
