Vancouver and Toronto, Nov 27, 2011– Espresso Capital Partners, a provider of alternative financing for growth companies in Canada, announces the first closing of its second Fund based on financing government tax credits . The $30-million Espresso Tax Credit II Fund was created in response to increasing demand from technology and digital media companies for funding [...]
Like the alien plant in Little Shop of Horrors that was always demanding “Feed Me, Seymour”, technology startups constantly gobble cash. The CEO’s top priority is to continually feed this beast. This means that overriding the operation of any tech startup is the every-present need for more money. As illustration, let’s run through the finance [...]
Innovative Canadian Funder Creates Unique SR&ED Claim Lending Program Toronto and Vancouver, March 10, 2011 — Employing inventive funding methodology, growth capital financier Espresso Capital Partners has helped almost 50 Canadian companies, primarily involved in technology, cover short-term cash crunches. The Espresso SR&ED-based bridge financing program provides a new method for technology companies facing cash [...]
As former executives, and current directors, of technology focused companies, the partners of Espresso Capital know what it’s like to bob up and down on the rough seas of uneven cash flow. Growing companies require cash and most companies typically think of equity as the source of that cash. What we didn’t realize initially when [...]
SR&ED tax credit financing
SR&ED tax claim financings are just one new way angel investors are capitalizing technology companies in Canada.
Copyright ©2011 Espresso Capital Partners
