Ideal for:

• Companies with strong, frequent research and leading edge development programs
• Companies that are in the early stages of commercialization and still have significant R&D expenditures

The Canadian government’s SR&ED Program is one of the most generous in the world; however, it can take several months before you receive your money. Maple Trade Finance can provide your business with a simple solution that makes sense in today’s marketplace.

If you have a successful track record with SR&ED applications, we can give you an advance on your tax credit for up to 70% of the SR&ED claim. There is no longer any need to wait for your government claim to come through – with SR&ED Financing you can take advantage of much needed working capital now. Your accounting firm will also benefit as you pay them up front from the first advance instead of on the success of the claim. The credit decision is based on the strength of the SR&ED submission.

Benefits

• Gives you the flexibility of keeping your traditional bank’s operating line
• Increases cash flow during your start-up and R&D phases
• Makes better use of your tax credits
  

Eligibility

• You must be a Canadian company with a minimum of two years of successful SR&ED submissions.
• You should have your SR&ED submission prepared or reviewed by an approved, recognized third party such as a major accounting firm.