How Much Does SR&ED Financing Cost?

SR&ED financing typically costs more than a traditional bank loan and often times less than equity. The average interest rate for SR&ED financing is between 15% to 25% per year. However, most people don’t look at the annualized cost of the loan because SR&ED financing is usually a bridge loan which is less than a … Read more

How Do I Repay My SR&ED Loan?

how do i repay my SR&ED

The most common way to repay a SR&ED loan is upon the refund of your SR&ED tax credit. There are a few key areas to consider: Interest payments – Most SR&ED lenders will accrue the interest until the SR&ED credit is refunded.  What that means is that you don’t have monthly interest payments. Some SR&ED lenders … Read more

How Does SR&ED Financing Work?

Canada’s single largest R&D tax incentive is the Scientific Research and Experimental Development (SR&ED) Tax Credit program. Canadian companies (CCPC’s) get a tax federal credit of 35% on the first $3 million in qualifying expenses, such as salaries, materials, consulting, etc. For anything over $3 million, the tax credit is 15%.  Add to this the … Read more

What is SR&ED Financing?

First off, the Scientific Research and Experimental Development (SR&ED) program is a multi-billion dollar federal and provincial tax incentive program offered by the Canadian Revenue Agency (CRA) to support and encourage Canadian businesses to conduct research and development (R&D) in Canada. If you’re a tech company or a startup this means you. You probably already knew that, … Read more

Do I Really Need A SR&ED Consultant?

I’m going to look at the benefits of using a SR&ED consultant through a lender’s lens rather than a consulting perspective. Take it from someone who has seen thousands of SR&ED claims and has no affiliation with consultants, we know what is best to maximize your return and minimize your pain. Lenders like Venbridge have … Read more

Enquire about our services

  • This field is for validation purposes and should be left unchanged.