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SR&ED financing refers to a specialized form of funding that helps companies in Canada access capital to support their Scientific Research and Experimental Development (SR&ED) activities.
SR&ED is a federal tax incentive program designed to encourage research and development (R&D) efforts by providing tax credits or refunds to eligible companies engaging in qualifying R&D activities.
SR&ED financing offers companies engaged in R&D activities a valuable avenue to access working capital and maximize the benefits of the SR&ED program. It can be particularly beneficial for startups, small and medium-sized enterprises (SMEs), and companies with limited access to traditional financing options.
SR&ED financing is offered to existing SR&ED claimants to help finance filed or accrued tax credits. SR&ED refunds can take 3-6 months even after filing but some companies want cash even before their fiscal year ends.
We recognize in these cases that sometimes companies have immediate cash flow needs. SR&ED financing offers SR&ED claimants a term loan or a line of credit which is a good alternative to debt or equity dilution.
If you are an existing SR&ED claimant and need quick access to capital, here’s how we can help.
EVAMAX is your source to access SR&ED financing seamlessly. If you want to learn more, avail our 30-minute no-obligation call today.
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