Elavon & Liberis Launch Quick Capital for Canadian SMBs

Quick Summary

Liberis and Elavon have expanded their partnership to launch Quick Capital in Canada, providing over 202,000 small businesses with access to revenue-based financing. This embedded finance solution offers fast funding with minimal paperwork, allowing merchants to manage cash flow and invest in growth directly through the Elavon portal.

How Does Quick Capital Solve Funding Gaps for Canadian SMBs?

Revenue-based financing serves as a critical lifeline for businesses that struggle with traditional bank loans. By leveraging embedded finance, Elavon and Liberis remove the friction of manual applications, using existing merchant data to provide tailored funding offers. This is particularly vital in a market where 57% of Canadian SMBs are forced to use high-interest credit cards for over a quarter of their monthly expenses.

• 202,000+ SMBs in Canada now have access to this streamlined capital.
• Minimal paperwork ensures that business owners can focus on operations rather than bureaucracy.
• Rapid disbursement of funds allows for immediate investment in inventory or marketing.

What Results Has the Liberis and Elavon Partnership Delivered?

The expansion follows a successful 2025 launch in the United States, proving the scalability of the API-driven architecture used by Liberis. By integrating directly into the Elavon merchant portal, the duo has created a branded funding experience that feels native to the user's daily workflow. This revenue-based financing model ensures that repayments are flexible and aligned with the merchant's actual sales volume.

"Every market we enter tells a similar story – a lack of quick and easy access to funding solutions is holding small businesses back," said Rob Fairfield, CEO of Liberis. "After launching in the US, extending our Elavon partnership to Canada was the obvious next step. The partnership will help support small businesses, remove barriers and provide proven funding solutions to those businesses that really need it, better positioning them for growth."

Why is Embedded Finance Critical for Modern Merchants?

Embedded finance allows payment processors to move beyond simple transactions and become comprehensive financial hubs. For sectors like healthcare, retail, and restaurants, having access to revenue-based financing within their existing payment platform reduces the "mental load" of financial management. The partnership utilizes pre-populated data to ensure that eligible businesses receive offers at the exact moment they need capital to scale.

"Through Quick Capital, we’re providing small business owners with an efficient, straightforward path to funding, and flexible solutions that complement their cash flow patterns - particularly valuable when unexpected opportunities or obstacles arise," said Wally Mlynarski, CEO of Elavon.

FF NEWS TAKE:

This expansion definitely moves the needle for the Canadian fintech landscape. By scaling revenue-based financing through a major player like Elavon, Liberis is proving that embedded finance is no longer a niche trend but a fundamental requirement for merchant retention. As SMBs face tightening credit conditions, the ability to secure fast funding based on sales performance rather than just credit scores is a game-changer for economic resilience.