Companies may be eligible to finance cash benefits payable under the Canadian Government's Scientific Research and Experimental Development ("SR&ED") tax credit program.

New Solutions Capital Group can provide bridge financing pending the receipt of SR&ED claim where cash benefits are expected to exceed $100,000 with potential for increased financing amounts as "accepted" SR&ED claims become "settled".

New Solutions Capital Group provides clearly stated financing terms, tax deductible costs and security requirements.

We can also provide referrals to technical and tax / accounting professionals with extensive experience in the SR&ED program to assist in claim preparation.

Businesses can generally take advantage of these funds to:

Take advantage/negotiation of supplier discounts

Fund new R&D projects

Replenish working capital

Some of the benefits of using the SR&ED program:

Improved R&D timelines

Additional financing to complement traditional credit facilities

Eliminate/reduce potential equity dilution and shareholder cash injections

Increased revenues and profitability

For more information on the SR&ED program, contact New Solutions Capital Group today.