THRIVEWELL CAPITAL

Partner with Thrivewell Capital

Two ways in. Refer a business and get paid on funding, or work your own merchants as an ISO on our desk. We fund in house and place with our funder table, for merchants in Canada and the United States.

Referral Partner

Send us the merchant. We do the rest, and you get paid on funding.

Funded in house from our own fund
1.5% of the funded amount
Placed with a third party funder
15% of the net commission and fees we earn
Renewal or re-funding within 12 months
Same fee basis as the original

Who it is for

Accountants, bookkeepers, equipment and POS dealers, insurance and payments reps, and anyone who talks to business owners about money but does not want to run a funding file.

  • Make the introduction.
  • Pass along what you know about the business.
  • Take the application and the statements.
  • Price the file, make the offer and close it.
  • Collect every payment.

When you are paid. Paid by EFT within 5 business days of funding, or of our receiving the funder commission.

When it comes back. If the merchant defaults inside 30 days of funding, the fee comes back in full. On days 31 to 60, half comes back. After day 60 the fee is yours.

Territory. Merchants in Canada, every province and territory, and in the United States.

ISO Partner

Work your own merchants on our paper, our desk and our funder table.

Placed with a third party funder, you manage the file
40% of Net Deal Revenue
Placed with a third party funder, our desk manages it
30% of Net Deal Revenue
Funded in house from our own fund
Up to 10% of the funded amount, whoever works it
Renewal or re-funding within 12 months
Same rate, with the role elected again

Who it is for

Brokers and ISO shops already writing files who want a funder table, an underwriting desk and in house capital behind them, without giving up the merchant relationship.

  • Own the merchant relationship.
  • Elect file by file who manages it.
  • Set the points on in house deals, and every point you leave improves the merchant's pricing.
  • Price the file and place it on the funder table.
  • Run the file from submission where you elect desk managed, and you still earn on it.
  • A Partner Schedule signed by both of us overrides the table above, in either direction.

When you are paid. Paid by EFT within 5 business days of our receiving the funder commission, or of disbursement on an in house deal.

When it comes back. On brokered files, if the funder reduces or claws back our commission, your share moves with it. On in house files, a default inside 30 days returns everything, days 31 to 60 return half.

Territory. Merchants in Canada, every province and territory, and in the United States.

The merchant you bring stays yours

Register a merchant by email and we confirm or decline in writing within 2 business days. A confirmed registration protects you for 3 months, and every piece of work you do on that merchant starts a fresh 3 months. For the first 5 business days the file is exclusive to us while we underwrite it and is not shopped elsewhere. Once a deal funds, that merchant is yours for good.

How it works

  1. Step 1

    Apply

    One short form. Tell us what kind of partner you are and roughly what you see in a month.

  2. Step 2

    Onboard

    We send you a private link. You confirm your business details, your owners, your banking for payouts, and your tax identifier, and you read the agreement in full before anything is signed.

  3. Step 3

    Sign

    You sign electronically. We countersign and send you the executed copy the same day.

  4. Step 4

    Register and submit

    Register each merchant by email before you work it. We confirm within 2 business days and your 3 month protection starts from that confirmation.

  5. Step 5

    Get paid

    EFT within 5 business days of funding or of commission receipt.

One submission. Every grade of paper.

Thrivewell is a direct lender and a super broker. One submission reaches our own fund and a network of institutional funding partners, so the merchant sees the widest range of offers in the market, from bank grade A paper to files every other lender has declined.

$5,000 to $10M
Funding range
24 to 48 hours
Offers back
Canada and USA
Markets
All credit considered
Credit

The perfect fileA business running 6 or more months, depositing $10,000 or more a month into a business account, that needs $5,000 to $250,000. Any credit. We fund up to $10 million, that range is just the fastest lane. Any industry outside the restricted list. If they take payments and need money, send them. Not sure it fits? Send the file anyway and we tell you within one business day whether it fits.

Rate ranges by paper grade

A paper
1.13 to 1.35 · 6 to 24 months · 2+ years, clean statements, 680+
B paper
1.25 to 1.45 · 6 to 18 months · 1+ year, minor NSFs or one position
C paper
1.35 to 1.50 · 3 to 9 months · 6+ months, stacked, consolidation territory
D paper
1.45 to 1.55 · 2 to 6 months · heavy stacks, our own fund can still say yes

What we need

  • Signed application. Ours or your own house application form.
  • 6 months of business bank statements. The most recent months, all pages. Statements are the file.
  • 6+ months in business. Registered and operating in Canada or the United States.
  • $10,000+ monthly deposits. A business account in the operating entity's name.
  • All credit considered. Credit informs pricing, it does not gate the file. NSFs and positions welcome on C and D.

Helpful but not required: payoff letters on buyouts and consolidations, processor statements for card heavy businesses, a void cheque and government ID. We collect the rest through the portal once an offer is accepted.

How a deal moves

  1. 1Send the fileEmail the signed application and 6 months of statements, with the business name as the subject. Referring rather than broking? The introduction alone is enough.
  2. 2Registered within 2 business daysWe confirm in writing. The file is exclusive to us for the next 5 business days while we underwrite it, and the merchant stays registered under your name for 3 months.
  3. 3Offers in 24 to 48 hoursOne submission is shopped across our own fund and the funder table, options side by side.
  4. 4Accept and signContracts go out the same day, signed electronically. The merchant finishes on a phone.
  5. 5Fund and get paidFunds in 24 to 48 hours of signed contracts. You are paid in 5.

Sizing and industries

Expect offers of 0.5x to 1x average monthly deposits. Clean statements in a lower risk industry reach the top of that range, and thin margins, seasonality or existing positions size toward the bottom. $40,000 a month in deposits supports roughly $20,000 to $40,000. Files already carrying 3 or more active positions rarely fund except as consolidations or buyouts.

Best pricing

  • Medical, dental, veterinary
  • Accounting, legal, professional services
  • IT, software, B2B services
  • Manufacturing and fabrication
  • Wholesale, distribution, logistics
  • Franchises

Fundable, sized conservatively

  • Restaurants, bars, hospitality
  • Construction and contractors
  • Trucking, freight, couriers
  • Retail and e-commerce
  • Salons, spas, beauty
  • Seasonal and event businesses

We cannot fund

  • Cannabis, vape, tobacco
  • Adult entertainment, gambling, crypto
  • Firearms
  • Payday lending, cheque cashing, pawn
  • Debt collection, MLM, travel agencies
  • Used car dealers, nightclubs

Apply

Two minutes. We read every application and reply from partners@thrivewellcapital.com.

How do you want to partner?

By applying you agree to be contacted by Thrivewell Capital about the partner program.

Clario Capital Inc. operating as Thrivewell Capital, 310-1281 Hornby Street, Vancouver BC V6Z 0G8. Questions: partners@thrivewellcapital.com. Rates shown are the standard rates and are governed by the signed partner agreement.