We are focused and understand the high tech landscape. We are quick to evaluate, quick to approve, and quick to close and deliver the money so you can stay focused on the business. Term and closing documents are standardized to keep transaction cost to a minimum.
Each situation is different and we like to say, doing business with us is as easy as 1 2 3 4. Contact us to find out what that means for your company.
From initial inquiry to cashing the cheque in your bank account takes typically two weeks.
Our diligence is straight forward, and if you have your financial statements and tax returns in order, it should not be a big effort to comply. Typically our diligence takes less than a day to complete.
No, we deliberately do not touch the share capital of the company as our SRED loan is strictly a loan.
Our closing documents are standardized and our legal counsel is familiar with our transaction requirements—so using experienced lawyers for this type of transaction keeps the costs down.
SRED factoring is a process where a third party actually purchases your SRED claim at a discount and then ‘owns’ the full claim. The company making the SRED claim no longer has any ownership or control over the SRED claim asset. In SRED factoring, there is no balance due to the company as the SRED claim has been factored or purchased by a third party.
In SRED financing, the finance company loans the company money using the SR&ED claim as collateral, similar to the way a mortgage works. The company still retained ownership of the SR&ED claim. Typically, once the SR&ED claim is paid out by CRA, there is a balance that goes back to the company doing the filing.
Espresso Capital is seeking a dynamic individual to lead the business in Ontario and Eastern Canada. The successful candidate will be responsible for growing Espresso’s portfolio and all aspects of managing the client relationship. The ideal candidate is currently involved in the technology finance sector with a minimum of 10 years experience, well connected in [...]
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 [...]
VANCOUVER, BC – November 23rd, 2010: Espresso Capital Partners is pleased to announce the closing of a CDN$ 600,000 financing to Clevest Solutions Inc. (“Clevest”) – a Richmond-based software company that was ranked as the fastest growing technology company in BC by Business in Vancouver in both 2009 and 2010. This primary use of funds [...]
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