TIF invests in:

Social enterprise growth and/or assets acquisition. There needs to be a revenue stream that our investment will help to grow.

Organizations with at least 1 year of earned revenue: this income can be from fee for service, contracts, social enterprise income, or revenues from assets.

Investment Themes

Early Revenue

Business Expansion

Asset Acquisition

Business Acquisition

Social Purpose Real Estate

TIF is part of a growing ecosystem of supports that Scale Collaborative and partners provide. From hands-on coaching to capacity building programs, TIF combines flexible financing alongside support to help investees succeed.

The Process:

Financing

EARLY REVENUE LOANS

Up to 3 years

Flexible grace period, up to 1 year

Unsecured

Investments from $15K to 100K
GROWTH & ACQUISITION LOANS

Up to 7 years

Flexible collateral requirements or Unsecured

Term loan / Interest-only Loan / Revenue based financing

Investments from $100K to 700K

FAQs

TIF invests in impact organizations based on Vancouver Island or serving regional communities. They can be non-profit or for-profit social enterprises.

TIF will finance organizations with at least a one-year track record of proven earned revenue. Existing revenue streams are necessary to ensure the repayment of TIF’s loans. Grants are better suited to support your start-up phase.

We believe in financing entire projects, and we know that organizations need capital to purchase assets and equipment as well as day-to-day operations. With that perspective, TIF’s financing includes working capital to cover your expert service costs, staff expenses, inventory, etc. Expenses like these are eligible for financing.

TIF provides debt instruments to investees in the form of term loans, interest-only loans, and revenue-based financing. These financial tools are tailored to the organization’s projected growth profile and repayment capacity, focusing on shared success.

Our Early Revenue Loans are meant to help impact organizations start their revenue diversification journey. It is a very straightforward, affordable, and unsecured loan, limiting pressure on the investee to the minimum to give the project the best chances of success.

Growth & Acquisition Loans are made for larger and more complex projects of mature organizations. They are flexible and designed to adapt to multiple growth trajectories, offering various repayment options and their price is risk adjusted.

Many solid projects face the inability to provide collateral and guarantees to unlock financing. TIF is a risk-tolerant partner and if you qualify for our unsecured loans, you will not be asked to offer collateral (ie. asset, real estate) or any personal guarantees. At TIF, we believe that the repayment capacity of an investee relies firstly on matching the right financial tool to each project and provide hands-on support to the organization towards success.

The application fee is $250 for Early Revenue Loans. For Growth & Acquisition loans, TIF has a 2 step process involving a $250 fee for the preliminary analysis and an additional $750 fee for the secondary step.

Support

Thrive Impact Fund knows that just money is not enough. Amazing enterprises succeed with the support of the community and mentors. TIF brings together the power of capacity, community, and expertise to help investees succeed. Here’s what to expect:

Community

TIF investees enter a community of impact organizations and entrepreneurs. For the first year of investment, investees join the peer community on a monthly basis, to share lessons learned, build connections, and learn from experts on areas of business development and growth. This peer community is nurtured and accessible for the entire duration of the investment relationship.

Expert Support

TIF is an hands-on investor and provides expert support and coaching to investees alongside financing, to help them realize unique opportunities and/or mitigate unforeseen challenges. As part of active management practices, investees will have regular check-ins with TIF staff to connect them to the appropriate mentor or coach, depending on the need.

CONTACT US TO LEARN MORE

Thrive Impact Fund is a
subsidiary of Scale Collaborative

300-722 Cormorant Street,
Victoria BC, V8W 1P8

We respectfully acknowledge that the offices of the Thrive Impact Fund are located on the unceded, ancestral, and traditional territories of the lək̓ʷəŋən-speaking peoples, now known as the Songhees and Esquimalt Nations and W̱SÁNEĆ peoples.