Financing SR ED Credits In Canada : The SRED Tax Credit Loan : The Case Against Waiting

Connecting The Dots Via A SR&ED R&D Refundable Tax Credit Finance Strategy

OVERVIEW : Financing SR&ED ‘ sr ed ‘ credits is the last piece of the r&d recapture process . A SRED Tax credit loan completes your cash flow strategy under Canada’s Scientific Research & Experimental Development refund program

Financing SR ED tax credits is the final ' connecting dot ‘in your firms’ journey in Canada’s SR&ED r&d refund program. We're examining the SRED Tax Credit Loan; it makes a strong case against waiting for your refund. Let's dig in.

One of the characteristics of the SRED program is that despite providing billions in funding for thousands of firms in Canada the amounts range from claims from 50k up to 1 Million $ +. For firms like yours that invest in R&D that investment can be a significant portion of your costs.

While R&D is to a certain point discretionary the reality is that todays competitive environment forces you maintain the maximum investment you can. SR&ED financing certainly assists you to plough back your maximum given that waiting for your refund is eliminated - cash flow is accelerated under the loan.

While the real objective of the program is to reimburse you for your R&D capital costs it seems logical that many firms wouldn’t take advantage of the program if they couldn’t recapture a large part of their cash flow investment. The main resource that many firms rely on are the ' SR&ED Consultants “that assist firms in preparing their claims and working with your accountants to properly file the claim.

That claim eligibility is a key part of the SRED tax credit loan process as a quality claim prepared by an experienced consultant helps speed up the financing process. That ' process' by the way is typically the most common question we get from clients on financing SR ED credits - i.e. how long does it take to get a SR&ED bridge loan and what’s involved.

The good news? Claims can be financed in a matter of weeks, in certain cases even less time. And the actual application? Just as easy - typical requirements are a copy of your SR&ED filing, your financial statement and tax return and some miscellaneous info typical for any business loan - i.e. your articles of incorporation info, etc.

‘Timing is everything ‘is an oft used cliché in business. The good news around financing SR&ED credits is that last years claim is financeable, as is this years, and yes, next years also can be started along! Your ability to document claims properly just moves everything along. SR&ED bridge loans are financed at 70% of the value of your claim - in simple arithmetic: every 1000.00$ of claim nets you 700.00$ in immediate financing.

Very few business people dispute the value of R&D and the tremendous benefits attached to the SR&ED program - it's equally a good thing to fund your claims and accelerate cash flow. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you ' connect the dots ' in your refundable tax credit cash strategy.


7 Park Avenue Financial :
http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN SR&ED TAX CREDIT FINANCING EXPERTISE






7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Stan Prokop

Receivables Financing : Cost And Benefits Achieved Via Receivable Companies In Canada

True Or False? You Understand Receivables Based Financing

OVERVIEW – Information on receivables financing in Canada. The solutions offered by receivable finance companies enhance cash flow and are solid alternatives to working capital challenges

Receivables financing in Canada might well solicit the question: True or False - Do you understand solutions offered by receivable companies in Canada? We're examining the benefits and costs of such solutions. Let's dig in.

Suffice to say there comes a time when your company will require some methods of external financing - your company can only grow so far when it finances itself internally. The main reasons typical external finance solutions are required revolve around expansion of your products and services. In other cases the amount of owner equity you have in the business simply won't carry your operations and growth.

A/R Receivables financing is the solutions that is most often required when it comes to the need to ' smooth out ' day to day operations. Solutions offered by commercial receivable companies in Canada also diffuse the need to either take on debt on your balance sheet and also eliminate the need to raise owner equity, which is always a daunting task in the SME COMMERCIAL FINANCE sector. The reason: you are simply cash flowing your A/R assets!

Many clients we meet are often ' scrambling ' for cash flow almost on a daily basis. How then does the owner/mgr eliminate typical tactics such as delaying their payables or using credit cards and personal collateral for business cash needs?

The answer: A/R Finance. We're of course making the assumption that full bank financing is not available for your firm. Typical reasons your firm can’t access some or all the bank credit it needs are:

New company/ start up
No financial track record
Too much business with just one or two clients
Quality of A/R
Foreign clients

A/R finance solutions make your business a net generator of cash, and if you can't generate ' excess cash ' the feeling of generating enough to run your business is simply a good feeling.

The strategy? Use your receivables to generate a constant flow of cash. The main difference in a commercial receivable facility is essentially ' the paperwork ‘. which specifies that on an ongoing basis as you generate certain, or all of your A/R these are constantly funded as you generate those invoices to clients for products or services delivered.

The cost of receivable companies solutions is calculated as a fee, as opposed to an interest rate, which comes back to the concept of ' selling your a/r ' as opposed to collateralizing it with the bank.

While costs are typically much higher than business credit lines offered by banks the solution allows you to stay in business and have enough cash on hand to run/grow the company. Note also that you can combine A/R with inventory and equipment and lump these three together in what’s called an ' asset based non bank line of credit '. It[s interesting to note that you can also borrow more under A/R financing which typically advances 90% of your a/r. as opposed to 75% at the bank

Our recommended solution in this area is CONFIDENTIAL RECEIVABLE FINANCE, allowing you to bill and collect your own receivables without any notification - that customer notification is typical of ' old school ' factoring offered by the majority of firms in this area.

If you feel that receivables non bank financing is a viable solution for your firm seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in assessing costs and benefits.



7 Park Avenue Financial :
http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :



7 PARK AVENUE FINANCIAL = CANADIAN RECEIVABLE FINANCE EXPERTISE



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Stan Prokop

Asset Finance Canada : Hands On Asset Financing Via Canadian Equipment Leasing Companies

For Your Asset Financing Consideration: Equipment Finance Services In Canada

OVERVIEW – Information on asset finance strategies in Canada. Canadian equipment leasing companies offer a variety of financing alternatives for all asset categories . Use leasing to properly acquire the assets you need to run and grow your company

Asset finance in Canada is one aspect of business financing for Canadian firms that requires some special consideration. Lease financing is classic ' hands on' finance - allowing owners/managers to pick their lease structure, terms, type of lease, and length of amortization. These days the industry has moved towards 'warp speed ' in approving transactions. It's one aspect of business that is clearly: For your consideration! Let's dig n.

The choice of alternatives for financing today is probably at it's peak. Numerous new alternatives to ' the bank ' have exploded in popularity. These are clearly replacements for bank financing, yet leasing assets has absolutely held it's own.

Leasing equipt continues to maintain its popularity for numerous reasons, one of which is that leasing companies historically, and continue to have asset expertise on the assets your company needs to buy and replace. Those assets? They include:

Assets under the general heading of ' Office Equipt - Computers, telecom equipment, copiers, scanners, etc

Rolling Stock - trucks, trailers, forklifts, cranes, (new and used!)

Medical equipt

Forestry assets

Restaurant equipt

Etc!

Suffice to say that almost any business tangible asset - new or used, can be financed.

Depending on the size of the transaction the Canadian lease finance industry has moved to approving small and midsized transactions in minutes and hours. Technology has allowed lessors to move paper quickly, simply speaking.

Naturally larger transactions still require some level of financial statement analysis, customer input, and asset verification. While the leasing industry itself might wonder if things are moving too fast suffice to say that companies, aka ' the borrower' aren’t complaining.

Customers always, rightfully or wrongfully (mostly wrongfully) focus on rate. Notwithstanding that rates are at an all time low and competition for new business is intense, all of which play into your game plan as the lessee.

With all the changes in leasing asset finance the tried and true benefits still remain the same - protection against asset obsolescence, cash flow benefits, the ability to upgrade, etc. By the way assets already owned can also be refinanced via a properly executed sale leaseback strategy.

For many clients we meet with the lease alternative is appealing if only for the reason that it's a new source of funds for the company finance strategy.

If you're looking for ' hands on ' assistance in acquiring business assets seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you choose lease strategies that make sense for your growth needs.


7 Park Avenue Financial :
http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN ASSET FINANCE & EQUIPMENT FINANCING / LEASING EXPERTISE



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8



Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Stan Prokop

Business Finance Solutions In Canada : Putting Fireworks Into Your Commercial Financing Options

Bucket List Item # 1 : The Right Business Finance Solutions For Your Business

OVERVIEW – Information on commercial financing options for Canadian business owners. Proper Business finance choices is a top priority when it comes to successful growth and operating strategies

Commercial financing options in Canada are a solid item for your ' bucket list ‘. The proper business finance solutions for your company should have top priority on that bucket list!
While some might consider the ' finances' of your business as somewhat boring we don’t, in fact the right solutions can put' fireworks'

into your growth and operating plans. Let's dig in.










Most business owners / mgrs in the SME COMMERCIAL FINANCE needs area recognize that business loans are a top priority and play a significant role in their companies. And when it comes to choices the term ' comparison shopping ' seems quite appropriate.

While many clients we meet focus solely on ' interest rate ' not all firms can guarantee their chances of approval at low rates- it's equally as important to focus on terms, structure, and what type of financing best suits your needs at that particular time.

Many firms we encounter are wrongly focused on equity capital but are unaware that they don't possess the ' blistering growth' that is required by

VC/Angel type investors. In many cases they are also too ' early stage ' and can't provide clarity around key differentiators, much less a solid business plan/cash flow forecast.








Traditional bank financing in Canada comes with low rates and flexible terms - the downside is that approval times can be lengthy and might not really be the amount and type of financing you need to facilitate operations/growth success. Many owners/mgrs often get discouraged in the whole bank process, rightfully or wrongfully so.

What other doors are open to the business owner?

The route to potentially consider is alternative commercial lenders - who will also often place less focus on the personal finances of owners. Those ' personal finances' are key in bank lending, with issues such as personal credit score and collateral being a main focus.

Alternate business finance solutions are easier to access; financing costs are higher but are in fact coming down due in part to booming competition in this area.

‘DEBT ' is often a two edged source in commercial financing. Too much is unhealthy; a lack of debt might also though indicate your firm can't get the financing it needs to grow a business. More importantly, we maintain that ' debt ' is not always the solution. Numerous cash flow and working capital solutions are available - they include:

A/R Financing

Inventory finance at commercial/retail levels

Non bank asset based lines of credit

PO finance

Tax credit financing

Sales/royalty finance

Sale leasebacks - fixed payments and spreading out the cost are key features in assets you already own

Those solutions noted above can fuel growth that can increase demand for your services and allow you to take advantage of competitive situations that provide a win for your business.

If you're looking to clear that #1 bucket list item - proper ' business financing' , seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you put the ' fireworks' back in your growth strategy.


7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING EXPERTISE



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.





Stan Prokop

Commercial Equipment Financing Needs? Get Out Of The Slump Via Leasing Capital Assets

Practically Speaking Equipment Leasing is Practical When It Comes To Acquiring Assets You Need !

OVERVIEW – Information on commercial equipment financing in Canada . Leasing your capital assets is the tried and true way to match cost with benefits when it comes to asset acquisition. Here’s why

Commercial equipment financing often has business owners/ financial mgrs feeling like they are in a ' slump' when it comes to their options. Leasing capital assets is a ' practical' way to get out of that slump - and it's a solution top experts tell us that is preferred by over 80% of all companies wishing to acquire assets in all categories - from technology to the shop floor. Let's dig in.

Could anything be simpler? Your firm needs and wants to use an asset and commercial finance companies and yes, even banks have the solution to that need. One of the often missed benefits of leasing assets is the simple concept of matching benefits you will receive over time in using the asset to the cash outflows that arise when you enter into a lease. For that reason it's important to focus on the proper lease term - as assets you finance can be leased from anywhere from 2-7 years.

Remember also that the bank/finance firm really only has one function in the equipment lease - providing the funding. So the price and warranties and other misc issues that come with acquiring assets from a vendor are your responsibility.

The simple fact that assets cost a lot of money and are constantly changing with technology - the simple fact is that without lease finance solutions many firms could not acquire the assets they need to run their business, grow, and remain competitive. Cash outflows are spread over the term of the lease. The good news though is that even costs such as maintenance and warranty can typically be included in the finance solution of your lease.

We're the first to admit that no form of financing is perfect - leasing comes pretty close to perfect but if owners/mgrs work with the wrong type of lease firm , or enter into the wrong type of lease , including missing out on key terms in the lease agreement .. well.. suffice to say problems will arise! The bottom line? It's not always about the interest rate.

So who are the players in lease finance ?They include independent commercial finance companies, captive arms of large mfr's, as well as arms of most of the banks. Knowing which assets these firms can finance and under what terms and credit approval criteria is key to winning in the leasing game.

If you're looking to get out of the ' slump ' in acquiring the assets your firm needs seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your commercial equipment financing needs.


7 Park Avenue Financial :
http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN COMMERCIAL EQUIPMENT FINANCING AND LEASING EXPERTISE







7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Stan Prokop

Financing Business Cash Flow : More Money From Your Money

Is Your Business Cash Flow Feeling Like A Game Of Snakes & Ladders ?

OVERVIEW – Information on financing business cash flow in Canada. Here’s your tools to measure and finance your working capital needs

Financing business cash flow in Canada often has business owners , particularly in SME Commercial industries feeling like they are playing a constant game of ' Snakes & Ladders " - that iconic game that has one being helped , and hindered at the same time. We're talking about getting more money... from your business money. Let's dig in.

The winning part of the cash flow ' snakes & ladders’ cash flow ' game' is to be in a position to spot working capital needs long before any bad news. Business owners and financial managers are often far too focused on just growing revenues and paper profits, often spending in areas with classic entrepreneurial optimism.

Knowing your limitations in areas such as taking on debt, financing current assets (A/R & inventories), and determining what owner / shareholder dividends can be paid is all part of winning the business cash flow conundrum.

It shouldn't be a surprise (but it often is) that there are some simple yet intelligent ways to manage and finance your working capital needs. One of the most useful and practical also is simply keeping an ongoing tab on the ' relationship ' of receivables and inventories. The ultimate danger is when A/R is higher than it needs to be and inventories are bloated / slow turning.

Commercial lenders that you are considering borrowing from for business credit line needs focus on those relationships and turnover in sales, A/R and inventory. Reasons for slow moving receivables tend to relate to stagnant sales, poor collections, and extended payment terms granted to your clients.

Your goal in a constant monitoring of sales, A/R, and inventory is simply to ensure you are not moving potential cash from one unproductive asset category to another! Simply speaking no owner/manager cannot ignore a strong focus in this area of managing your business.

Looking for a simple way to monitor these key relationships? Simply set up a basic simple spreadsheet that monitors the values of sales, A/R and inventories at month end. Examine these on a monthly basis at least.

Example - Your month end sales have increased 15% but receivable totals are up 35% and inventories are up 10%. Clearly A/R should be your focus, and is signifying a potential cash flow shortage based on the higher investment you're carrying in receivables.

Financing business cash flow can be achieved by solid mgmt techniques we're demonstrated and in numerous direct finance solutions - These include:

A/R financing
Inventory finance
Bank revolving credit lines
Non bank asset based business lines of credit
Refundable tax credit financing
Working capital term loans
Sale leasebacks
PO Financing
Royalty finance

If you're looking to extract ' real money ' from your business money and want to avoid that up and down ' snakes and ladders' feeling seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with finance needs .



7 Park Avenue Financial :
http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS CASH FLOW FINANCING EXPERTISE



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.



Stan Prokop

SRED Finance Ends The Curse Of The Refundable Tax Credit : Waiting For Your Refund Via Financing SR ED Claims

Eliminate The Downside Of SR&ED – Finance Your Refundable Tax Credit

OVERVIEW – Information on SRED finance in Canada . Financing SR&ED Tax credit claims eliminates the waiting with respect to filing SR ED refundable credits under the gov’t r&d capital refund program

Financing SR ED tax credit claims in Canada is an effective way to remove the ' curse ' of Canada's most popular program in r&d capital recovery .

Curse? Simply speaking we're referring to the amount of time Canadian firms have to wait for their refund . SRED finance maximizes the true benefit of the program - the cash flow you recover on your research investment . We're examining the 'upside' of SR&ED - cash! Let's dig in

Preparing your claim is no time for ' on the job training '. That's why pretty well everyone filing claims these days uses ' SR ED consultants' who specifically work only this area -maximizing your recovery. They are the ones that filter down all those CRA rules and calculations around the amount you can recover as well as ' writing up ' the claim in the manner prescribed by the program rules.

The amount of funding you get back in via the refundable tax credit often plays a key role in the development of many companies - from start up to those that are already in full revenue and growth mode. In fact the program is the largest program providing direct funding support - doling out billion every year to your competitors... and hopefully your firm!

The SR&ED program should not be confused with a grant or loan - it's neither, but simply a refund of a major portion of the work performed in an r&d environment for products and processes your company is working on.

Some additional ' good news' on your refund is that when you finance a claim you can include the current years refund of course, but , if applicable last years refund if it hasn’t been received of filed, as well as... the work your firm already has started on next years claim!

The amount of refund that companies receive tends to be in the 30-35% range of the total amount you spend in the program work. The other key amount to reflect on is that SRED Finance allows you receive a loan for 70% of the total amount of your combined fed/prov claim. Financing SR ED Tax credit claims comes with one other benefit - the receipt and use of the cash for your refund and no monthly payments until the govt processes your final refund, which of course can be months away - sometimes significantly longer.

If you want to eliminate ' downside' in the SR&ED program, specifically waiting for your funds! seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
with experience in SR ED finance.



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com



ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.



















Stan Prokop