OKR Financial provides non-dilutive financial solutions to small businesses and entrepreneurs by leveraging government funded programs, SR&ED and other tax credits. The solutions are to assist companies to manage their cash-flow needs so they can focus on growing their business without giving up equity and control.
Beyond providing debt financing against government funded programs, SR&ED and other tax credits, they also take pride in bringing their borrowers into the OKR ecosystem of consultants, Angel/VC investors, accelerators and incubators, and other professional service providers. OKR Financial is led by founders and managing partners Dr. Jason Neale and Randy Thompson, who have a team that specializes in financing early-stage growth companies and who are technology experts that understand the needs of startups.
In the summer of 2020, the company launched OKR Venture Fund I, which is focused on equity financing for emerging growth companies. Dr. Jason Neale and Randy Thompson’s extensive background in angel and venture capital, including several successful exits, was the catalyst to provide another solution for the Canadian tech ecosystem.