Ontario-medtech-20220314
Project Description:
Amount Funded: $600,000
Amount Funded: $100K - $250K
Industry: Health & Wellness
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 12
Use of Funds: This company used SR&ED financing to improve cash flow significantly. With SR&ED being paid once a year, the credit facility allowed this company to receive quarterly disbursements, which made a massive difference to their cash flow.
Company Background: This Ontario MedTech company is changing the way concussion patients recover using real-time data and machine learning to personalize your path to recovery.