Financing SR ED Canada Program Claims : SR ED CRA Loans

Accelerate R & D Cash Flow

Just Say No To Waiting For Your SR&ED Refundable Tax Credit Finane Your
Clai!"
#$ER$%EW %nfor!ation on finaning SR ED & SR&ED' Canada (rogra! lai!s
for t)e refundable SRED CR* tax redit + T)e ability to finane a lai! aelerates
reo,ery of R&D Ex(enses
Finaning SR & ED Canada (rogra! lai!s in Canada comes with issues that can
either slow down your claim or speed it up. Knowing what works and what doesn't in
SRED CR* finance goes a long way towards a successful acceleration of R&D cash
flow. Let's dig in.
As we've said numerous ostacles e!ist in the SR&ED (rogra! that can hamper your
aility to recover funds "uickly. #aving said that doing certain things right can have the
opposite effect $ reversing the R and D as) flo- drain.
Recent changes in the last couple years really leveled the playing field when it comes to
the %R &D refundale ta! credit.
'usiness owners certainly have the option of preparing their claim themselves $ in fact
who etter understands what they are trying to achieve in research and development than
the usiness owner(manager themselves.
)et as in any ' government' program that has some comple!ity attached to it sometimes
some e!perience is helpful. &nter the SRED onsultant . someone who prepares and
helps file your claim. *hey are compensated on a strict ' fee ' asis+ and in the ma,ority of
cases they work on a ' contingency asis -+ taking a per cent age of the total amount
recovered under the refundale ta! credit program.
*he "uality of your consultant vis a vis crediility and e!pertise play a key role in the
finaning of your lai!. .hile the industry seems to have eliminated the ' ad actors '
the key point here is that a reputale consultant ma!imi/es your claim and adds
crediility to the CRA validation process around your claim $ which in fact may include
an audit and meeting with the CRA rep.
0reparing your claim yourself of course saves you a ton of money $ at the same time it
also raises a flag to CRA that your claim has potential to e ' non compliant ' to the rules
of the program .
.e would add that even the large '12 3 accounting firms in Canada all have active %R &
&D practices.
*he financing of your %R&D CRA claim takes into account who prepared your claim+ as
well as any previous claim history you have. 'y the way+ financing on first time
claimants is 4556 ok. #ere it might help if you take advantage of the governments '
formal pre approval ' process.
.hat government program isn7t associated with paperwork89
.hile that might e a ' myth vs. reality ' statement the fact is that the govt has tried to
streamline the program re online application+ initial screening to ensure validity+ etc
.hile we can go round and round on the merits of a good claim and who prepares it and
how at the end of the day its simply ensuring your claim is ' eligile ' and that you have
the ' documentation' to ack it up.
As far as we're concerned finaning a lai! is easier than writing one up. Claims are
financed in a uni"ue manner $ they are financed as / bridge loans / $ providing you with
funds for up to :56 of the comined value of your claim. ;o payments are made during
the loan duration and you receive the alance of funds when your claim is approved+ less
financing costs that are me//anine rates in nature.
Credile firms with good claims can also take advantage or financing such as a %R&&D
line of credit eing put in place $ as well your ne!t claim can start eing financed now for
"ualified firms.
.hile playing the waiting game might pay off in some forms of usiness it doesn't when
it comes to waiting for govt cash + so seek out and speak to a trusted0 redible and
ex(eriened Canadian business Finaning *d,isor -it) a tra1 reord of suess
who can help you cash flow your claim .. today9
Stan 2ro1o( $ 3 2ar1 *,enue Finanial 4
)tt(455---+3(ar1a,enuefinanial+o!
'usiness financing for Canadian <irms + speciali/ing in working capital+ cash flow+ asset
ased financing + &"uipment Leasing + franchise finance and Cdn. *a! Credit <inance .
<ounded =553 $ Completed in e!cess of >5 ?illion @ of financing for Canadian
corporations . 1nfo (Contact A
3 2*R6 *$EN7E F%N*NC%*8 9 C*N*D%*N SR&ED F%N*NC%N: E;2ERT%SE
<a,e * =uestion 5Co!!ent #n #ur >log #r Canadian >usiness Finaning
*lternati,es ?
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/ Canadian >usiness Finaning Wit) T)e %ntelligent 7se #f Ex(eriene /