Elavon and Liberis Expand Partnership Enabling Small Businesses to Access Fast Funding

WHY THIS MATTERS: This move by Liberis and Elavon is a clear indicator of how deeply embedded finance is reshaping global small and medium-sized business (SMB) operations. For Canadian merchants, this partnership is a critical development that directly addresses a major pain point: the urgent need for flexible capital. Traditional lending channels often impose lengthy application processes and rigid terms that are ill-suited for the rapid, fluctuating cash flow needs of small retailers, restaurants, and service providers. By leveraging Elavon’s existing payments data within their merchant portal, Liberis’s platform delivers a streamlined, pre-qualified offer for revenue-based financing (RBF). This approach turns payments infrastructure from a transactional tool into a strategic source of working capital, eliminating the credit card reliance cited in recent reports. This seamless integration ensures essential funding is available quickly and efficiently, fueling business growth across critical Canadian sectors.

Liberis (Liberis US Inc.), a leading global embedded finance platform, announced an extended partnership with Elavon, a leading payments provider and subsidiary of U.S. Bank (NYSE: USB), to launch Quick Capital, a seamless funding solution for small businesses across Canada.

Following a successful launch in the U.S. in 2025, this partnership will provide access to capital to more than 202,000 Canadian small to medium sized businesses (SMBs), offering fast, flexible revenue-based financing from Liberis through an easy-to-navigate application that starts within the Elavon merchant portal. With minimal paperwork and rapid disbursement, SMBs can secure the funds they need to support growth, manage cash flow, or invest in key initiatives like inventory, marketing, and expansion.

“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.” 

The solution is powered by Liberis with pre-population, enabling Elavon to offer a branded funding experience directly through its merchant platform. SMBs in Canada can benefit from:

• Fast, flexible funding options
• Access to capital for eligible small businesses, leveraging Elavon’s merchant data
• Fast application and disbursement with minimal paperwork
• Seamless integration within Elavon’s existing merchant portal
• Funding for key business needs including inventory, tax payments, marketing, expansion, and cash flow

The Intuit QuickBooks 2025 Annual Report has reported that 57% of Canadian small businesses are charging more than 25% of their total monthly business expenses to credit cards, highlighting the need for more innovative funding solutions.

Eligible SMBs across sectors including healthcare, retail, services, and restaurants will receive tailored offers via direct email and in-platform messaging to match businesses with the right funding solution.

“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.

Funding will be available now in Canada, with ongoing enhancements planned based on merchant feedback and funding demand. Liberis and Elavon intend to continue developing their partnership with potential new funding products and enhancements to further streamline the funding experience for merchants.

FF NEWS TAKE: The extension of Elavon and Liberis’s Quick Capital into Canada absolutely moves the needle for the alternative lending sector. It validates the cross-border scalability of the merchant cash advance model when delivered through a partner’s established ecosystem. The next crucial development to watch is the expansion of their product suite—specifically, the integration of new data points beyond payment processing volume to refine the risk modeling. This will determine whether RBF models can sustainably evolve beyond their current scope to serve a wider range of SMB financing needs.