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.
based on the value of your SR&ED Investment Tax Credit.
Let us review your SR&ED claim and Financial Statements*
Reasons to factor invoices:
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.