Welcome to Fundsquire

A smarter source of growth.

SR&ED advance funding for businesses big & small.

Quick, easy & cost-effective access to your SR&ED tax credit.

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What we do.

Fundsquire empowers entrepreneurs by providing alternative and innovative cash flow financing to small and medium sized businesses and startups in Canada.

We aim to become the brand of choice for fast-growing Canadian businesses, offering them with new way to use funding they are already eligible for. We allow them to take control of their funding timeline now, rather than waiting for the tax man – simply, through a SR&ED tax credit loan.

 

About Us >

How we do it.

SIMPLE APPLICATION PROCESS

QUICKLY BOOST CASH-FLOW & GROWTH

LOW-COST COMPARED TO OTHER TYPES OF FINANCE

$50K TO $1 MILLION PAID WITHIN 48-HOURS OF APPROVAL

SMARTER AND CHEAPER THAN SELLING EQUITY

UP TO 55%+ OF EXPENDITURE ACCESSIBLE

What is SR&ED Debt Finance?

It’s a process whereby businesses have an opportunity to access their future SR&ED refundable tax credit in advance as a loan.

The SR&ED credit is treated as a future receivable and businesses are provided with a receivables funding facility (a loan). Businesses can draw down on this facility as and when they need for general working capital within their business.

This loan is then repaid from the CRA’s SR&ED refund.

 

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What our clients say.

How it works.

1


Eligible business submits application for funding


2


Fundsquire conduct assessment and due diligence


3

Fundsquire works with your SR&ED consultant or internal team to verify qualifying expenditure

4


Upon approval Fundsquire provide an SR&ED Debt Finance facility


5


At the end of the financial year the client will lodge their tax return


6


Proceeds from the tax return will be used to repay the loan


What businesses benefit from SR&ED Debt Finance?

A SR&ED tax credit advance is one of the most accessible forms of finance for companies that are highly innovative, but might be pre-profit or even pre-revenue.

Eligibility

CCPC’s that have invested a lot in R&D could potentially be qualified for a refund of up to 55%+ of relevant expenditure. Find out if your company is eligible.

Eligibility Test