In the early days of a business, every decision is a tradeoff. Do you fundraise too early or hold‬ out and risk slowing momentum? Do you hire the person you need now or delay for government‬ grant reimbursements? The common consensus seems to be that founders feel that the capital‬ they’ve earned is out of reach when they need it most.‬

That’s where Bonsai Growth Solutions comes in.‬

Since launching in 2023, Bonsai has already deployed over‬‭ $85 million‬‭ in non-dilutive capital‬ to Canadian companies.‬‭ Many of those founders are‬‭ now scaling faster, fundraising later, and‬ making strategic decisions on their terms.‬

As co-founder of Bonsai Growth Solutions,‬‭ Bhavik Chauhan‬‭ and his team are transforming‬ how companies access capital across the country. Instead of waiting months for SR&ED claims‬ or government grants to land, Bonsai enables founders and business leaders to unlock the‬ money they’ve already earned in as little as‬‭ 7 to‬‭ 10 days‬‭.

👉‬‭ Book a meeting with Bhavik‬‭ to see if your business‬‭ qualifies.‬

Bonsai is proud to be Canada’s only non-dilutive capital provider with nationwide reach,‬ serving not only tech startups but also established businesses across a wide range of‬ sectors.‬

From Wait to Win‬

The idea behind Bonsai is simple, but game-changing: Many Canadian businesses (startups‬ and established companies alike) qualify for non-dilutive funding like SR&ED and government‬ grants, but few can afford to wait for it.‬

"Startups get the approval, but still can’t hire the developer, launch the pilot, or run that‬ campaign," says Bhavik Chauhan, co-founder of Bonsai Growth Solutions. “We help‬ founders unlock the capital they’ve already earned, without giving up equity or personal‬ guarantees.”

It’s a model that’s working. Founded in 2021, Bonsai is the only non-dilutive capital provider with‬ nationwide reach across Canada. The company helps early-stage startups unlock SR&ED‬ claims and grant reimbursements upfront, turning those pending payouts into capital that‬ founders can use immediately.‬

Get your money in 7-10 days.‬

As May wraps up and the energy from Web Summit Vancouver and Canada’s spring conference‬ circuit begins to settle, many founders and operators are turning their attention back to‬ execution. The issue? Expenses are piling up, SR&ED claims for 2024 are still pending, and‬ new grant programs for 2025 are just beginning to roll out under the new federal government.‬

As a founder, this is when the pressure builds. You’ve pitched, you’ve connected, you’re ready‬ to act, but the capital isn’t in your account yet.‬

‭That’s exactly when founders reach out to Bonsai. No more chasing term sheets or giving up‬ equity just to stay afloat.‬

With investors pulling back and venture capital activity slowing nationwide, startups are facing‬ one of the hardest capital environments in recent memory. Cheques are smaller. Timelines are‬ longer. Expectations are higher. And for early-stage teams that need to move now, waiting is not‬ an option.‬

With investors slowing down and venture capital harder to secure, Bonsai provides a clear path‬ forward. There’s no dilution, no personal guarantees, and no long wait.‬

Who It's Built For‬

Bonsai primarily works with Canadian companies that have at least two years in business and‬ are investing in research, development, or innovation. Many of their clients have pending‬ SR&ED claims, or approved government grants.‬

Minimum funding starts at $100,000, with competitive interest rates between 1.2% and 1.85%,‬ with a straightforward placement fee and no hidden terms. Most clients receive a term sheet‬ within 48 hours and cash in hand within a week.‬

For founders like those behind Toronto-based medtech startup PulseOne, Bonsai’s model‬ provided the flexibility they needed to execute. They needed to launch a pilot project with a‬ strategic enterprise client, but their $140,000 grant approval was stuck in red tape.

“Without‬‭ them, we would’ve either raised prematurely or slowed down key product rollouts and‬ partnerships," their CEO shared.“Bonsai helped us scale right on schedule.”

👉 Learn more about Bonsai’s approach at‬‭ bonsaigrowth.ca‬

They are also deeply embedded in the ecosystem, working closely with VCs, angels,‬ accelerators, and government programs across the country. This allows them to act as a‬ strategic partner, not just a capital provider.‬

What’s Next‬

As Canada enters a new grant cycle and 2024 SR&ED reimbursements continue to be delayed,‬ Bonsai is gearing up for another busy quarter. More founders are realizing that funding doesn’t‬ have to come with strings attached or shares given away.‬

If your company is growing but waiting, scaling but underfunded, or simply looking to make‬ smarter use of the capital it has already earned, now is the time to reach out.‬

It’s about time you get early access to the capital you’ve already earned.