Webinar: Introduction to SR&ED Financing
Easly’s financing platform gets working capital into the hands of innovative companies quickly and easily. During this webinar, we’ll show you how.
One of our senior staff will walk you through Easly’s financing process from application to funding. We’ll discuss why companies use Easly, how companies benefit from Easly, and most importantly, how you can apply in just minutes!
Wednesday at 10:00 AM PT/ 1:00 PM ETRegister Here
Easy as 1-2-3
Tax credit financing has 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 financing platform, complete with secure FinTech integrations.
Integrating your accounting software, bank and CRA accounts allows us to approve in under 48 hours.
We use secure FinTech platforms that provide visibility to the information we need to quickly process your funding request. Connecting your CRA account allows us to keep up with your SR&ED projects throughout the year so that we can increase your facility as you accrue more tax credits.
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 grant amounts immediately!
We provide quarterly, non-dilutive advances on 75% of your accrued SR&ED refund throughout the year, providing an on-going source of capital in a predictable way. Grow your business strategically while retaining equity.
The Advantages of Easly Advances
What would you do with early access to capital?
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 made up of different capital sources that best suits their specific needs. This optimal capital structure evolves over time with the changing needs of a growing company. Understanding what your optimal capital structure looks like 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.