SR&ED Financing
We will lend between $50,000 and $200,000
based on the value of your SR&ED Investment Tax Credit.
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.