R&D Financing advances capital against accrued SR&ED claims, so you can keep building while the CRA processes the paperwork. Non-dilutive. Transparent. Fast.
A lending process built around the SR&ED calendar — designed with consultants, for their clients.
Send your current or accruing SR&ED claim details. Your consultant can do it on your behalf — it takes minutes, not meetings.
A facility offer against your expected refund with every cost stated on one page. What you see is what you pay.
Take funds as the claim accrues. When the CRA pays the refund, the refund clears the facility. That's the whole model.
The CRA pays a typical claim around 22 months after your R&D spend begins. We advance against the claim as it accrues, so the money arrives while you're still doing the work.
We work through Canada's SR&ED consultants, not around them. You keep the client relationship; we supply the capital that makes bigger, bolder claims viable.
Talk to us about partneringClaim preparation is your business. There is no scenario where we compete with our partners.
A simple arrangement, in writing, visible to everyone involved. No surprises for you or your client.
Your clients get a direct line to underwriting and same-day answers during Canadian business hours.
Clients who can spend their refund early do more R&D — and file larger claims with you next year.
Accrued and filed SR&ED claims — the refundable investment tax credit a company has earned through eligible R&D spend. We advance a portion of the expected refund and are repaid when the CRA pays it out.
CRA timing risk is ours to manage — that's the product. Facilities are sized conservatively against each claim precisely so that a review or an adjustment doesn't put your company in a hard place. Specific terms are set out plainly in each facility agreement.
Pricing is stated on one page in every offer: the rate, any fees, and the total cost in dollars. No sliding scales discovered after signing. [Indicative pricing to be published.]
No equity, no warrants. Security is registered against the claim proceeds themselves. Anything beyond that is disclosed up front in the term sheet, before you commit to anything.
A short conversation, then a written referral arrangement with disclosed economics. You introduce clients who need their refund sooner; we handle the lending and keep you informed. You remain the claim expert throughout.
R&D Financing is backed by an established international R&D lender with years of experience funding claims like yours. We're building our Canadian presence through the consultant community. Questions? Email james@rndfinancing.com — you'll get James, not a ticket queue.