Easy as 1-2-3
Tax credit and grant financing have never been easier or faster.
We know your time is valuable. That’s why our top priority is simplifying the financing process. We do this by providing Easly Advances through our online Capital-as-a-Service platform.
Head to the Get Started section of our website to connect with us.
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 ITC and grant amounts immediately!
Webinar: Accelerate Your Government Funding with Easly Advances
Easly’s Capital-as-a-Service platform gets working capital into the hands of innovative companies quickly and easily. During this webinar, we’ll show you how.
1. Apply in minutes
2. Funding within 48 hours of approval
3. Receive government funding on your schedule
4. Free up funds for other projects
5. Cash flow positive to your business
One of our senior team members will walk through the process from application to funding and answer any questions you may have.
Wednesday at 10:00 AM PT / 1:00 PM ETRegister Here
Our non-dilutive financing is uniquely designed to address the cash management needs of Canada’s innovative companies.
What are Easly Advances?
An Easly Advance is our form of grant & ITC financing, provided through our Capital-as-a-Service platform. You’ll receive the accrued portion of your ITC refund or a future portion of your grant funding paid to you on-demand. Easly Advances can range from $50,000 to $25,000,000.
The Canada Revenue Agency (CRA) awards these tax incentives to over 20,000 claimants yearly, totalling more than $3 billion. 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 your claim is submitted, 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. If your company’s income taxes have been approved for the CRA SR&ED tax credit, we can provide the working capital you need for your R&D project. 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.
There are many grant programs facilitated by the government to support business growth in Canada. Eligible companies will receive funding for different initiatives that aim to grow Canada’s economy and elevate the country’s position on the world stage. Easly Advances complement these grant programs by accelerating their funding timelines, allowing businesses to access capital sooner.
Does your company participate in government grant programs? Get in touch with us to see how Easly can help your business access those funds faster.