If your company qualifies for a refundable tax credit and you need liquidity to carry out your project right away, we can provide financing in the amount of your anticipated tax credits.
With refundable tax credit financing, you can receive up to 100% of the total anticipated amount of your refundable tax credits for one fiscal year, right away.
We know every situation is unique. That’s why we offer flexible terms tailored to your needs.
A loan or loan guarantee
A financial product that meets your requirements
Minimum financing of $50,000 for SRED tax credits and $20,000 for other
Financing for all your projects, large and small
Financing for up to 100% of the refundable tax credits anticipated in one fiscal year
The chance to put your refundable tax credits to work immediately
A loan guarantee for up to 80% of a net loss
The possibility of obtaining additional funding, if required
Repayment of capital directly from your tax credit payment
You can receive financing if your company qualifies for one of the following refundable tax credits:
Scientific Research and Experimental Development (SRED)
* Only companies holding eligibility certificates may be granted financing. This measure expires on December 31, 2016.
* Only companies holding an initial qualification certificate may be granted financing. This measure is available through the end of calendar year 2012 or 2015, depending on the region.
Other tax credits
Companies in all industries are eligible, with the following exceptions:
Applications for a guarantee for financing of refundable tax credits:
For financing of the refundable Investment Tax Credit, please contact your portfolio manager or Customer Service at 1 844 474-6367.