R&D cash advances is a form of short-term cashflow funding to bridge the gap between submitting an R&D cash credit claim and receiving the payment from HMRC. An R&D cash advance can be for any value BUT most lenders will not lend the full value of an R&D claim, but will offer a proportion of the R&D claim value.
Most lenders will only offer a loan secured against an R&D claim already submitted and approved by HMRC. In specific circumstances and subject to relevant credit checks, some lenders may advance funds to a company before their year end is completed
Don’t let claim delays interrupt your cash flow – take control and overcome them!
Investing in research and development (R&D) can be a great benefit to your company, but the time taken to receive your claim from HMRC may cause unexpected cash-flow struggles. If you are claiming over £100,000 inR&D tax credits, we offer an excellent solution! Through our select panel of lenders with adjustable terms catered to your unique requirements, we provide short term financing that will bridge the gap between investment and reimbursement.