HighPath Capital · Pilot program

Funding that reaches your business so teams actually get paid

An advance against your approved grant, or a line for inventory and ads. Decided in 2 to 3 business days using the data you already have in HighPath. One monthly payment, no daily debits, no equity.

See what you pre-qualify for

Or email capital@highpath.io

HighPath Capital is a pilot program. All financing is subject to credit approval.

HighPath Capital

$276,000

/ $500,000

Get Advance

Part Transactions

$100,000

2 days ago

$24,000

1 month ago

$100,000

8 month ago

The Problem

The gap nobody talks about

Government grants are reimbursement-based. You hire the engineer, buy the equipment, run the pilot, and file a claim. Then you wait. Typically for 60 to 120 days. Sometimes longer. Until the money lands, you are operating on fumes, as if you never were approved for the grant in the first place.

The same thing happens with growth spending. You pay the supplier or the ad platform today. The sales arrive over the next few months.

Ask a bank and you hear “come back in two years.” Ask a revenue-based financer and you hand over a slice of every sale, every day. So most founders slow the project down, skip the grant, or stretch their cash thinner than they should.

Your Grant: $300,000

Select the amount you want as advance

Advance

$150,000

Get Advance

Product

Grant Advance

Cash now against a grant you have already been approved for, so you can start the project before the reimbursement arrives.

We advance up to 85% of the grant money still owed to you (the unreimbursed portion, not the total grant).

You pay interest monthly by pre-authorized debit.

When the funder reimburses you, the payment goes into a collection account, we take the principal and any interest accrued since your last debit, and the rest is sent to you within 2 business days.

Projects longer than 6 months are funded in tranches, each sized to the next claim period. The next tranche is released once the previous claim is filed.

TERMS AT A GLANCE

Eligible grants

Approved, signed, reimbursement- or milestone-based grants from federal, provincial, municipal or crown-agency programs (for example NRC IRAP, regional development agencies, provincial innovation programs, Mitacs, CanExport)

Eligible grants

Amount

Up to 85% of the remaining grant. $25,000 minimum, $200,000 maximum outstanding. At least $30,000 of the grant must still be unreimbursed.

Amount

Up to 85% of the remaining grant. $25,000 minimum, $200,000 maximum outstanding. At least $30,000 of the grant must still be unreimbursed.

Term

Due when the grant pays out. Hard maturity is 60 days after the expected reimbursement date, to a maximum of 8 months. Tranches of up to 6 months each for longer projects.

Term

Due when the grant pays out. Hard maturity is 60 days after the expected reimbursement date, to a maximum of 8 months. Tranches of up to 6 months each for longer projects.

Interest

2.0% per month on the outstanding balance, simple interest, calculated daily and billed monthly

Interest

2.0% per month on the outstanding balance, simple interest, calculated daily and billed monthly

Origination fee

2% of each advance or tranche, deducted at funding

Origination fee

2% of each advance or tranche, deducted at funding

Prepayment

Any time, no penalty

Prepayment

Any time, no penalty

Security

General security agreement, assignment of the grant receivable, personal guarantee from principal shareholders

Security

General security agreement, assignment of the grant receivable, personal guarantee from principal shareholders

If a payment is missed

$250 late fee per missed debit. Extensions available at 1% of principal per 30 days, up to two. Default interest adds 0.5% per month.

If a payment is missed

$250 late fee per missed debit. Extensions available at 1% of principal per 30 days, up to two. Default interest adds 0.5% per month.

Eligible grants

Term

Due when the grant pays out. Hard maturity is 60 days after the expected reimbursement date, to a maximum of 8 months. Tranches of up to 6 months each for longer projects.

Origination fee

2% of each advance or tranche, deducted at funding

Security

General security agreement, assignment of the grant receivable, personal guarantee from principal shareholders

Amount

Up to 85% of the remaining grant. $25,000 minimum, $200,000 maximum outstanding. At least $30,000 of the grant must still be unreimbursed.

Interest

2.0% per month on the outstanding balance, simple interest, calculated daily and billed monthly

Prepayment

Any time, no penalty

If a payment is missed

$250 late fee per missed debit. Extensions available at 1% of principal per 30 days, up to two. Default interest adds 0.5% per month.

Check your grant's eligibility

Product

Growth Line

A line of up to $250,000 for inventory purchases and advertising that pays for itself. Draw what you need, repay over up to 6 months, draw again.

We set a limit based on your revenue, gross profit and existing debt.

Draw $10,000 or more at a time. Funds arrive within 24 hours.

Each draw is repaid in equal monthly payments: up to 6 months for inventory, up to 4 months for advertising.

As you repay, that capacity is available to draw again. We review the limit every 6 months with fresh data.

TERMS AT A GLANCE

Who qualifies

$500,000 or more in revenue over the last 12 months; profitable, at breakeven, or with a documented plan to reach breakeven within 3 months; funds used for inventory or advertising with a measurable return

Who qualifies

Limit

$25,000 to $250,000. Draws of $10,000 or more.

Limit

$25,000 to $250,000. Draws of $10,000 or more.

Draw term

Inventory: up to 6 months. Advertising: up to 4 months.

Draw term

Inventory: up to 6 months. Advertising: up to 4 months.

Interest

2.2% per month on the outstanding balance. During the pilot, 2.0% may be offered to borrowers who connect sales-processor data and choose weekly payments.

Interest

2.2% per month on the outstanding balance. During the pilot, 2.0% may be offered to borrowers who connect sales-processor data and choose weekly payments.

Origination fee

2% of each draw, deducted at funding

Origination fee

2% of each draw, deducted at funding

Repayment

Equal monthly payments of principal and interest by pre-authorized debit. Weekly available on request. No daily debits.

Repayment

Equal monthly payments of principal and interest by pre-authorized debit. Weekly available on request. No daily debits.

Security

General security agreement registered on inventory and receivables, personal guarantee(s), assignment of inventory insurance, read-only access to your sales and ad platforms

Security

General security agreement registered on inventory and receivables, personal guarantee(s), assignment of inventory insurance, read-only access to your sales and ad platforms

Prepayment

Any time, no penalty

Prepayment

Any time, no penalty

If a payment is missed

$250 late fee per missed debit. Default interest adds 0.5% per month. We call you before anything else happens.

If a payment is missed

$250 late fee per missed debit. Default interest adds 0.5% per month. We call you before anything else happens.

Who qualifies

Draw term

Inventory: up to 6 months. Advertising: up to 4 months.

Origination fee

2% of each draw, deducted at funding

Security

General security agreement registered on inventory and receivables, personal guarantee(s), assignment of inventory insurance, read-only access to your sales and ad platforms

If a payment is missed

$250 late fee per missed debit. Default interest adds 0.5% per month. We call you before anything else happens.

Limit

$25,000 to $250,000. Draws of $10,000 or more.

Interest

2.2% per month on the outstanding balance. During the pilot, 2.0% may be offered to borrowers who connect sales-processor data and choose weekly payments.

Repayment

Equal monthly payments of principal and interest by pre-authorized debit. Weekly available on request. No daily debits.

Prepayment

Any time, no penalty

See your indicative limit

How to start

How teams usually start

Most teams begin with planning, not pressure.

HighPath supports preparation, execution, and everything in between.

DAY 0

Pre-qualify in your dashboard.

We already have your bank, accounting and grant data, so the checklist runs automatically and you see an indicative amount right away.

DAY 0

Pre-qualify in your dashboard.

We already have your bank, accounting and grant data, so the checklist runs automatically and you see an indicative amount right away.

DAY 0

Apply in about 30 minutes.

Upload the remaining documents, consent to a credit check, and connect payroll and sales platforms.

DAY 0

Apply in about 30 minutes.

Upload the remaining documents, consent to a credit check, and connect payroll and sales platforms.

DAY 1 TO 3

We underwrite.

Scorecard, project feasibility, lien and litigation search, guarantor credit, and a call with you.

DAY 1 TO 3

We underwrite.

Scorecard, project feasibility, lien and litigation search, guarantor credit, and a call with you.

DAY 3 TO 5

Term sheet and documents.

Our credit committee decides. The term sheet is valid for 10 days. Financing agreement, security and pre-authorized debit forms are signed electronically.

DAY 3 TO 5

Term sheet and documents.

Our credit committee decides. The term sheet is valid for 10 days. Financing agreement, security and pre-authorized debit forms are signed electronically.

AFTER SIGNING

Funded within 24 hours of signing.

Money arrives net of the origination fee. From there it is one monthly debit and a monthly data refresh through the connections you already have.

AFTER SIGNING

Funded within 24 hours of signing.

Money arrives net of the origination fee. From there it is one monthly debit and a monthly data refresh through the connections you already have.

Eligibility

Who Qualifies

We keep the checklist short and public so nobody wastes an afternoon applying for something they cannot get. All of these must be true.

For Both

Grant Advance

Growth

Incorporated in Canada (federally or provincially) and in good standing

Operating and generating revenue for at least 6 months

Owners and executives are paid through payroll, not dividends only

CRA payroll deductions and GST/HST remittances are current, or a formal payment arrangement is in place

No undisclosed liens on the assets we would secure; any existing lender agrees to share

No active litigation, bankruptcy or judgments; guarantor personal credit score of 600 or higher

At least 6 months of clean bank data connected to HighPath, with no pattern of NSFs

You remain a HighPath customer with data connected for the life of the loan

For Both

Grant Advance

Growth

Incorporated in Canada (federally or provincially) and in good standing

Operating and generating revenue for at least 6 months

Owners and executives are paid through payroll, not dividends only

CRA payroll deductions and GST/HST remittances are current, or a formal payment arrangement is in place

No undisclosed liens on the assets we would secure; any existing lender agrees to share

No active litigation, bankruptcy or judgments; guarantor personal credit score of 600 or higher

At least 6 months of clean bank data connected to HighPath, with no pattern of NSFs

You remain a HighPath customer with data connected for the life of the loan

For Both

Grant Advance

Growth

Incorporated in Canada (federally or provincially) and in good standing

Operating and generating revenue for at least 6 months

Owners and executives are paid through payroll, not dividends only

CRA payroll deductions and GST/HST remittances are current, or a formal payment arrangement is in place

No undisclosed liens on the assets we would secure; any existing lender agrees to share

No active litigation, bankruptcy or judgments; guarantor personal credit score of 600 or higher

At least 6 months of clean bank data connected to HighPath, with no pattern of NSFs

You remain a HighPath customer with data connected for the life of the loan

A payroll register or T4 summary

CRA My Business Account statements

Corporate documents

Guarantor ID and credit consent

What we will ask for

Most of it is already in HighPath: bank transactions, accounting, your grant agreement and claim history. Growth Line applicants also connect read-only access to Shopify, Stripe, Meta or Google Ads and share an inventory report, supplier POs and an insurance certificate.

NOT A FIT

Not a fit right now

Sole proprietorships

Companies under 6 months old

Companies with CRA arrears and no payment arrangement

For the pilot, businesses in Quebec

Transparent pricing

What it costs, in dollars

We would rather you see the number before you talk to us than after.

Grant Advance

Growth Line

2.0%

/month

Simple interest

Simple interest on the outstanding balance, calculated daily and billed monthly.

2.0%

/of each advance or draw

Origination Fee

Deducted at the time of funding

No prepayment penalty. No monitoring fees. No revenue share. Late fees and extension fees exist and are listed in the terms above; you will only pay them if something goes wrong, and we will call you first.

How it Works

You have $200,000 of an approved grant still to be reimbursed and the project runs 6 months. You take an advance of

$150,000

Advance Amount

$25,000$97,500$170,000

Origination fee

$3,000

2.0% × $150,000

You receive on day 1

$147,000

After 2.0% origination fee

Interest per month

$3,000

2.0% × $150,000

Total interest

$18,000

6 Months

$21,000

Total Cost

Illustrative estimate: simple interest on the full advance for the selected term, plus the origination fee. Actual costs depend on funding and repayment dates.

A note on annualized cost.

Expressed as an annual percentage rate, HighPath Capital Financing is in the range of roughly 27% to 35% APR depending on product and term length, including the origination fee. That is more than a bank line and less than most short-term revenue-based or merchant-cash-advance products once you count their daily remittances. We put a written cost-of-credit calculation in every term sheet so you can compare like for like.

Transparent pricing

What it costs, in dollars

We would rather you see the number before you talk to us than after.

Grant Advance

Growth Line

2.0%

/month

Simple interest

Simple interest on the outstanding balance, calculated daily and billed monthly.

2.0%

/of each advance or draw

Origination Fee

Deducted at the time of funding

How it Works

You have $200,000 of an approved grant still to be reimbursed and the project runs 6 months. You take an advance of

$150,000

Advance Amount

$25,000$97,500$170,000

Origination fee

$3,000

2.0% × $150,000

You receive on day 1

$147,000

After 2.0% origination fee

Interest per month

$3,000

2.0% × $150,000

Total interest

$18,000

6 Months

$21,000

Total Cost

Illustrative estimate: simple interest on the full advance for the selected term, plus the origination fee. Actual costs depend on funding and repayment dates.

A note on annualized cost.

Transparent pricing

What it costs, in dollars

We would rather you see the number before you talk to us than after.

Grant Advance

Growth Line

2.0%

/month

Simple interest

Simple interest on the outstanding balance, calculated daily and billed monthly.

2.0%

/of each advance or draw

Origination Fee

Deducted at the time of funding

How it Works

You have $200,000 of an approved grant still to be reimbursed and the project runs 6 months. You take an advance of

$150,000

Advance Amount

$25,000$97,500$170,000

Origination fee

$3,000

2.0% × $150,000

You receive on day 1

$147,000

After 2.0% origination fee

Interest per month

$3,000

2.0% × $150,000

Total interest

$18,000

6 Months

$21,000

Total Cost

Illustrative estimate: simple interest on the full advance for the selected term, plus the origination fee. Actual costs depend on funding and repayment dates.

A note on annualized cost.

Why HighPath

Why borrow from the software

you already use to find and secure funding

No equity

$70,000

Loan Amount

No equity.

This is a loan. You keep every share.

Sized for your stage.

Most lenders start at $100,000; we start at $25,000.

Monthly Payment

$1,200

No Other Charges

One monthly payment.

Not a percentage of every sale, not a daily debit.

Grant Data

Accounting Data

Bank Data

Already connected.

Your bank, accounting, and grant data are in HighPath. We decide in 2 to 3 business days.

Type

Amount

Origination Fee

Monthly Interest

Amount

The cost is on the page.

One monthly rate, one origination fee, and the total in dollars before you sign.

Why HighPath

Why borrow from the software

you already use to find and secure funding

No equity

$70,000

Loan Amount

No equity.

This is a loan. You keep every share.

Sized for your stage.

Most lenders start at $100,000; we start at $25,000.

Monthly Payment

$1,200

No Other Charges

One monthly payment.

Not a percentage of every sale, not a daily debit.

Grant Data

Accounting Data

Bank Data

Already connected.

Your bank, accounting, and grant data are in HighPath. We decide in 2 to 3 business days.

Type

Amount

Origination Fee

Monthly Interest

Amount

The cost is on the page.

One monthly rate, one origination fee, and the total in dollars before you sign.

Why HighPath

Why borrow from the software

you already use to find and secure funding

No equity

$70,000

Loan Amount

No equity.

This is a loan. You keep every share.

Sized for your stage.

Most lenders start at $100,000; we start at $25,000.

Monthly Payment

$1,200

No Other Charges

One monthly payment.

Not a percentage of every sale, not a daily debit.

Grant Data

Accounting Data

Bank Data

Already connected.

Your bank, accounting, and grant data are in HighPath. We decide in 2 to 3 business days.

Type

Amount

Origination Fee

Monthly Interest

Amount

The cost is on the page.

One monthly rate, one origination fee, and the total in dollars before you sign.

Comparison

How we compare

Typical bank term loan

Speed to decision

Weeks to months

Eligibility

Usually 2+ years, profits, hard collateral

Repayment cadence

Monthly over years

Cost transparency

Prime-plus rate plus fees and covenants

Equity dilution

None (venture debt may add warrants)

Ticket size

Often $250,000+

HighPath Capital

Speed to decision

2 to 3 business days

Eligibility

6+ months operating; approved grant or $500k+ revenue near breakeven

Repayment cadence

One monthly debit

Cost transparency

Stated monthly rate, 2% fee, no prepayment penalty

Equity dilution

None

Ticket size

$25,000 to $250,000

Typical revenue-based financer

Speed to decision

Days

Eligibility

Mostly e-commerce; high minimum revenue

Repayment cadence

Daily or weekly, as a share of sales

Cost transparency

Flat fee that does not fall if you repay early

Equity dilution

None

Ticket size

Often $100,000+

Every lender is different. Ask any of them, including us, for the total cost in dollars before you sign.

FAQs

Frequently Asked Questions

Is this a loan?

Yes. It is commercial debt from HighPath Capital Inc. It is not a grant, not an investment, and it does not touch your cap table.

Is this a loan?

Yes. It is commercial debt from HighPath Capital Inc. It is not a grant, not an investment, and it does not touch your cap table.

What security do you take?

Do I have to sign a personal guarantee?

What does this cost as an APR?

Can I prepay?

What is a tranche, and why would my advance be split?

What if my grant claim is delayed?

Does the funder have to know?

Is HighPath Capital available in Quebec?

Who is actually lending the money?

Why "pilot"?

What happens to my HighPath subscription?

See what you pre-qualify for

It takes about a minute and does not affect your credit. If the numbers work, book a 20-minute call and we will walk through your grant or growth plan and the documents to add.

Pipeline

$2.1M

+19%

Capital Partners

1,248

+19%

Active Investors

48

+15%

See what you pre-qualify for

It takes about a minute and does not affect your credit. If the numbers work, book a 20-minute call and we will walk through your grant or growth plan and the documents to add.

Pipeline

$2.1M

+19%

Capital Partners

1,248

+19%

Active Investors

48

+15%

See what you pre-qualify for

It takes about a minute and does not affect your credit. If the numbers work, book a 20-minute call and we will walk through your grant or growth plan and the documents to add.

Pipeline

$2.1M

+19%

Capital Partners

1,248

+19%

Active Investors

48

+15%

HighPath Capital is a pilot program offered by HighPath Capital Inc., a proposed subsidiary of HighPath Software Inc. All financing is subject to credit approval and to the terms of a signed financing agreement, and is available only to incorporated Canadian businesses for business purposes. Not available in Quebec until confirmed. Financing is secured by a general security agreement and a personal guarantee. Rates shown are simple monthly interest on the outstanding balance; the 2% origination fee is deducted from the amount advanced. Worked examples are illustrative and assume payments are made on schedule. A written cost-of-credit calculation is included with every term sheet. Credit checks on guarantors are performed with written consent under PIPEDA. Terms may change during the pilot; signed agreements keep their terms. This page is not an offer to lend. September 2026.