Entries by Alkarim Jivraj

Espresso Launches New Industry Leading SaaS Lending Program

Espresso Capital has launched a first-of-its-kind lending program for SaaS companies seeking to raise their Series A or B financing or supplement their existing debt financing arrangements. Unique in Canada, the new SaaS lending program will provide top-performing SaaS companies with up to 24x MRR in growth financing. Offering loans up to $10 million, the […]

Why Venture Debt, and Why Now?

Interview with Alkarim Jivraj, Espresso CEO featured in the TakeOver Magazine. Republished with edits. The technology sector continues to be one of the main drivers of economic growth – globally, and certainly within Canada. Indeed, tech companies, specifically those focused on the SaaS market, continue to churn out amazing new products and services that are […]

SR&ED VS. DIRECT INVESTING DEBATE: IT’S TIME TO SPEAK UP

November 1, 2016 The Federal Government’s Advisory Council for Economic Growth has now issued its first set of recommendations to spur broad economic growth, including recommendations relating to increasing institutional investment in infrastructure, attracting foreign direct investment and enhancing our system of economic immigration. Importantly for stakeholders in the Canadian technology sector, the Council will […]

KEY CONVERSATIONS ABOUT CANADA’S INNOVATION STRATEGY

October 18, 2016 In June, the Canadian government announced its vision to build a more innovative Canada, and in July the Minister of Innovation, Science and Economic Development,Navdeep Bains, provided some additional insight into Canada’s Innovation strategy in an interview with The Globe and Mail. This post highlights our perspectives on some of the key topics […]

EXCITING NEWS ABOUT ESPRESSO CAPITAL

August 31, 2015 I’m pleased to share some exciting news about our expansion plans. Since Espresso Capital was launched six years ago, we are proud to have provided fast, fairly priced and user-friendly risk capital to more than 200 early and expansion stage technology companies in Canada. This is an exciting time for the Canadian […]

MONTHLY FINANCIAL REPORTING – DO YOUR STATEMENTS MAKE THE GRADE?

October 2, 2014 As a very active lender to early stage and growing technology companies, we receive hundreds of loan applications every year. The quality of the financial reporting provided to us varies greatly, and unsurprisingly, correlates highly to the seniority and experience of the company’s lead finance executive. When we review loan applications, we […]

VENTURE CAPITAL DEBATE NEEDS TO GROW UP

July 8, 2014  Two recent articles, I’m Glad I Did Not Take VC Funding and Canada’s Tech Start-up Scene Needs ‘Aggressiveness and Boldness’, illustrate how the conversation on how to fund your business has become way too polarized. It’s a dialogue that deserves much greater nuance than a simple and binary, pro and con judgment. The decision to […]

WHY SAAS COMPANIES MAKE GOOD REVENUE FINANCING CANDIDATES

May 20, 2014 At Espresso our goal is to bring venture debt into the venture capital mainstream. One of the ways we do this is by funding companies earlier in their growth cycle than our counterparts, and another is by funding companies that lack institutional venture capital sponsorship. At the earliest stages we provide venture […]