This program is designed for businesses like yours, offering a unique opportunity to access funds quickly and efficiently. By applying, you can receive up to 100% of your anticipated refundable tax credits for one fiscal year right away. This means you can put your tax credits to work immediately, providing a significant boost to your cash flow.

Key Benefits:

• Flexible financing options tailored to your needs.
• Minimum financing of $50,000 for SRED tax credits and $20,000 for other tax credits.
• Loan guarantees for up to 80% of a net loss, ensuring peace of mind.
• Worry-free repayment directly from your tax credit payment.

Why Apply?

• Immediate access to funds for eligible projects, including scientific research, digital transformation, and more.
• Additional funding opportunities if required.
• Easy qualification if your business is eligible for refundable tax credits.

Applying for this program can help you manage your finances more effectively, allowing you to focus on growing your business.

Type of Financing: Loan

Repayment Terms and Interest Rates:

• Financing for up to 100% of the refundable tax credits anticipated in one fiscal year.
• Minimum financing of $50,000 for SRED tax credits and $20,000 for other tax credits.
• Repayment of capital directly from your tax credit payment.
• Loan guarantee for up to 80% of a net loss.
• Flexible terms tailored to your needs.

Eligible Expenses:

• Tax credits for scientific research and experimental development (SRED).
• Tax credits for the digital transformation of print media companies.
• Tax Credit to Support Print Media Companies.
• Development of E-Business (CDAE).
• Production of Multimedia Titles.
• Payroll-related tax credits for Gaspésie and Certain Maritime Regions of Québec (GAS).
• Investments for Manufacturing and Processing Equipment.
• Construction or Conversion of a Vessel (CTN).
• Technological Adaptation Services (SAT).
• Tax credits for the integration of IT (CTIM).
• Any other refundable tax credit.

Ineligible Expenses:

• Funds cannot be used for non-eligible projects or expenses not covered by the specified tax credits.

Fees:

• No specific fees associated with the program are mentioned. Contact your portfolio manager or Customer Service for detailed information.

This program offers your business a chance to get cash immediately by using your refundable tax credits. You can receive up to 100% of the total anticipated amount of your refundable tax credits for one fiscal year. This means you can put your tax credits to work right away, without waiting.

You can use this money for various projects, such as scientific research, digital transformation, or multimedia production. The minimum financing available is $50,000 for SRED tax credits and $20,000 for other tax credits. This flexibility allows you to fund both large and small projects.

Repayment is straightforward. You repay the capital directly from your tax credit payment, making it a worry-free process. Additionally, you can get a loan guarantee for up to 80% of a net loss, providing extra security. This program helps you access funds quickly and easily, supporting your business growth and innovation.