SR&ED Financing

uLoan Feet on Books

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.


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

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

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.