Streamlined application process and management platform that simplifies how you access your SR&ED tax credits.
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Easy as 1-2-3
Tax credit financing has never been easier or faster.
We know your time is valuable. Our Capital-as-a-Service platform is designed to get you funded fast. Easly Advances turn your distant, lump-sum disbursements into growth capital you can access in as little as two weeks.
2) Setup Easly Account
Our agreements are made for people, not lawyers, so they're easy to understand.
3) Get Funded
Start receiving funds on your accrued SR&ED tax credits immediately!
Capital-as-a-Service
Our non-dilutive financing addresses the cash management needs of Canada’s innovative companies.
Accelerated funding timeline so you can access capital on your schedule.
Accessible any time throughout the year so you can better manage cash flow - access capital before you file your claims.
Competitive pricing makes Easly Advances an affordable and integral part of a diverse capital stack.
What are Easly Advances?
An Easly Advance is our form of investment tax credit financing, provided through our Capital-as-a-Service platform. You’ll receive the accrued portion of your SR&ED refund on-demand. Easly Advances can range from $50,000 to $25,000,000.
SR&ED Financing
The Canada Revenue Agency (CRA) awards these tax credits to over 20,000 claimants yearly, totalling more than $4 billion in 2021. SR&ED claims are made annually by submitting Form T661 with your corporate tax return. That means your business is spending on eligible work all year but only being reimbursed in one annual lump sum.
Once you submit Form T661, the CRA will review it and determine if your business is eligible for a refund. Processing times with the CRA can take months, further restricting cash flow.
At Easly, we understand your business can’t afford to play the waiting game. Leverage those accrued credits before you file to access non-dilutive capital on-demand with Easly Advances. Keep control of your business by giving your cash flow a boost without giving up equity. Your first advance can be received in as little as two weeks using our SR&ED tax credit financing. We also finance other government tax incentives. Connect with us to learn more.
Powering Innovation Across Canada
The SR&ED tax incentive program is an invaluable asset to companies operating in the country. It helps ease the burden of investing in projects that may have uncertain returns but are essential to fostering innovation. We complement the SR&ED program, making the refund more accessible to the companies innovating today and building tomorrow.
Fuel Your Growth Now
Our results as Canada’s premier SR&ED financing platform:
$110 million
Capital Deployed
221
Companies Supported
564
Advances Issued
"Working with Easly was a very easy decision for us because of their responsiveness, turnaround time, terms of financing, and reasonable cost of capital. Most importantly, they understood what we were doing and were responsive to our needs."
Lennie Ryer · CFO, Reaction Dynamics
"Easly's not scared of start-ups. You can't pick between keeping day-to-day operations going or buying inventory. You need to do both. Easly enabled us to continue operations and set our sights firmly on global markets."
Carlyn Loncaric · Founder & CEO, VodaSafe
"Easly provided a fast and easy solution for our financing needs. Quarterly Easly Advances are working for us."
Patricia Macleod · CEO & Cofounder, HiringBranch
"Easly has been very good to us. They give us financial options at a rate and frequency that small technology companies absolutely need. I appreciate the online process a lot - being able to just upload financial documents is really, really convenient. We now use Easly Advances as part of our financial model. It's not about survival; it's about strategy."
Dominique Kwong · COO & Cofounder, Damon Motorcycles
"The financing that Easly offers is very cost-effective from a pure opportunity cost of capital point of view. It's a very low-cost way for a small tech company to grow and sustain operations."
Hassaan Ahmad · CFO, WTFast
"I've spoken to many companies that promised quick turnarounds for approvals & funding. All of them either missed that target by weeks or came back with a ridiculous offer we could never accept. Easly was true to their word and responded quickly with a competitive offer that met our needs. The whole process was refreshing and surprisingly streamlined!"
Jaed Khan · Former Founder & CEO, Foodmaestro (Acquired by Walmart)
"SR&ED is a great program, but it can take a long time to get the funds. We wanted an option that would make things more reliable so that we could count on funds coming in when expected. Easly does just that for us."
Caitlin Krapf · Former VP, HR & Organizational Development, Province Brands
"Easly is a customer-focused organization. The process was efficient and focused on the parts that matter, as opposed to the red tape, and delivered above and beyond our expectations. They proved to us that they are the best source of R&D financing on the market."
Sean McCann · President, MMIST Inc.
"Easly played a critical role in our ability to keep the company's finances healthy. Their funds helped bridge us from survival to product-market fit, and it's difficult to envision us having the success we're seeing today without Easly."
Martin Kratky-Katz · Cofounder & CEO, Blockthrough
"We initially went with Easly because they had the most competitive rates by far. Even more compelling, though, was the transparent and streamlined process that just made sense. The communication was smooth, and I always felt certain about the outcome. I’d recommend them to anyone planning to file for an SR&ED refund."
Tristan Lehari · Founder & CEO, TritonWear
News & Announcements
Accelerator Centre Partners with Easly to Further Support the Canadian Innovation EconomyKitchener-Waterloo-based Accelerator Centre (AC) has partnered with Easly to support the AC’s members as they bring their innovative ideas to…
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Easly Surpasses a Major Milestone by Deploying Over $100M in Easly AdvancesWe at Easly are incredibly proud to announce that we’ve crossed a significant milestone in our journey to support Canada’s innovation economy.…
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Op-ed: Canada’s climate tax credits focus too much on oil and gasEasly’s CEO, Andrew Kareckas, wrote an opinion piece about the new carbon capture, utilization, and storage (CCUS) tax credit and…
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