SR&ED Financing

We will lend between $50,000 and $200,000

based on the value of your SR&ED Investment Tax Credit.

Scientific Research and Experimental Development

The Scientific Research and Experimental Development program is a tax incentive that encourages businesses to invest in research and development in Canada. Canadian businesses can claim tax refunds on a variety of operating expenses related to research and development, including payroll, business leases, material costs, and equipment costs.

Many businesses may take advantage of SR&ED financing. Any businesses that need to develop new processes to manufacture or improve upon products or otherwise operate their businesses more efficiently may be eligible for this tax incentive.


Our SR&ED Lending Process

Let us review your SR&ED claim and Financial Statements*

  • We agree on a loan-to-value ratio and interest rate based on your scenario
  • You assign the receipt of the Corporate Income Tax Refund generated by the SR&ED Investment Tax Credit to us and we advance you the loan proceeds.

Invoice Factoring

Reasons to factor invoices:

  • Payroll Shortfalls
  • New Growth opportunities requiring capital
  • Supply Chain Management
  • New business without established credit lines
  • Past Credit Issues

SRED Claim Review: If your claim falls under certain criteria uLoan reserves the right to have the claim reviewed by an external accountant and that cost top be borne by the applicant.