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
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 through our online Capital-as-a-Service platform.
Head to the Get Started section of our website to connect with us.
We just need to know a little bit about your company and the programs you're interested in financing. One of our lending specialists will get in touch to answer any questions you have.
2) Setup Easly
Our agreements are made for people, not lawyers, so they're easy to understand.
Our technology-driven approach to funding gives us the confidence to act quickly and supply clients with essential cash flow without the hassle associated with traditional lenders. There are no hidden fees; all costs are disclosed before applying, so there’s no need to wait for a term sheet.
3) Get Funded
Start receiving funds on your accrued ITC and approved grants immediately!
We provide on-demand, non-dilutive advances on 75% of your accrued SR&ED refund and from 50 - 85% of your approved grant amounts, providing an ongoing source of capital in a predictable way. Grow your business strategically while retaining equity.
The Advantages of Easly Advances
Reinvest Easly Advances into Additional SR&ED Eligible Work and Increase Your Refund
Some companies use their Easly Advances to fund more SR&ED-eligible work. Doing so increases the amount of SR&ED tax credits they accrue, which generates a larger refund from the CRA. This strategy is a great way for companies to boost their R&D investment while increasing their refund by as much as four times the cost of capital!
Take a look at our Boost Your R&D Budget blog post for more on this.
Fund Existing SR&ED Projects
Receiving Easly Advances quarterly is a great way to fund ongoing operations. For example, you can fund up to 33% of your annual R&D budget in your first year using Easly Advances, freeing up operating budget while retaining equity. There are no costs throughout the year; repayment is made directly from the SR&ED refund. This keeps the whole process cash flow positive to your business.
Speak with one of our experts to learn more about how this approach could benefit your business.
Optimize Your Capital Structure
Every company has an optimal capital structure comprised of different capital sources that best suit their specific needs. This optimal capital structure evolves with the changing needs of a growing company. Understanding your optimal capital structure and striving to reach it will help ensure your company has the right kind of capital to grow. Easly’s unique financing can be an integral part of your optimal capital stack. We complement your other sources of capital as our security allows us to work well with other lenders.
Take a look at our 5 Ways to Raise Capital blog post for more on this.