R&D and Creative Industry Tax Credit Loan & Finance

It may be possible to get a R&D or Creative Industry Tax Credit Loan if your business is due a research and development tax relief refund from HMRC. Get access to funding straight away without waiting for HMRC to pay your claim which can take months.

When making a Research and Development tax claim with HMRC, this can be slow and you may be due a large refund. The scheme allows companies to claim up to a 230% deduction against qualifying costs from their yearly profit. This can sometimes result in a tax credit that can be repaid to the company from HMRC.

If your company is in this position and is expecting to get an R&D (or Creative Industry) tax credit, then you could borrow money against this. This would be in the form of a short term business loan, usually up to 3 months. Then when the tax credit is paid, the loan is repaid minus any fees or interest.

We can help with:

  • Business Loans Against R&D Tax Credits
  • Funding Creative Industry Tax Reliefs
  • Fast Access To Tax Refunds

Call 0161 5469129 to apply for funding today

How To Get Finance Against an R&D or Creative Industry Tax Credit?

We work with a number of specialist funders who will fund either against your existing tax credit application or apply on your behalf.

So no matter which stage you are at, we can assist with sourcing funding and applying.

Typical features of a Tax Credit Loan include:

  • Terms from 1 to 12 months
  • Fast Acceptance – As little as 24h
  • Recovery directly from HMRC
  • Up to 100% of Claim Amount

Get in touch using the form below

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How Does an R&D Tax Claim Work?

If you are a UK based small or medium sized enterprise (SME), you can claim R&D tax relief relief if you meet the following criteria:

  • Less than 500 staff
  • Turnover under €100 million or a balance sheet under €86 million
  • Spent money on work that qualifies for R&D relief

You can find further details on gov.uk website.

Apply For A R&D or Creative Industry Tax Credit Loan

As an independent business finance brokers, we can apply for an R&D Tax Credit Loan on your behalf.

We have a number of specialist lenders on our panel that will provide this type of funding.

You can give us a call to discuss on 0161 5469128 or fill in the form below and one of our advisors will be in touch.

By clicking "SUBMIT", I agree to Bolton Business Finance Terms and Conditions and Privacy Policy.