Overcome claim-delay cash flow challenges
The time taken between investing in R&D and receiving your claim back from HMRC can often provide real cash-flow challenges for businesses. If you are claiming over £100,000 in R&D tax credits, we can help you bridge that gap by offering short term funding through a selected panel of lenders with terms tailored to your needs.
The process is straight-forward, from when you make your application through to when you receive your funds. This can range from anywhere as quickly as 7 days or up to 8 weeks, depending on how quickly the funding is required, they will be able to find a timeline that suits you.
Review your case and select lender
We look at your case and advise the best lender for you from our close partners, taking into account your claim size and specific needs.
Assessment and due diligence
The partner company we have recommended will have their credit team assess and underwrite the loan application (documents may be required).
You receive your loan offer and accept or reject.
The money is then transferred into your account. Once HMRC pays your claim, you use the proceeds to repay the debt.
Since working with ABGI for the past 3 years, Spider has be awarded significant tax credits thanks to their straightforward management of the tax credit process.
Managing Director, Spider Online