Compare ^{R&D Tax Credit Funding} Options for UK Businesses

This type of funding is suitable for UK SMEs submitting or preparing to submit R&D tax credit claims. It generally offers advances from £50k to £500k, structured around your expected credit amount. The short-term loan duration typically spans 3 to 12 months, until HMRC processes the claim. Pricing often involves a fixed fee or interest, resulting in an annualised cost ranging from approximately 10% to over 30% depending on claim speed and provider terms.

Designed for businesses preparing their R&D claims, this form of funding typically provides between £100k and £600k, depending on expected credit value and claim strength. The period usually ranges from 6 to 18 months, accommodating the claim submission process. Pricing varies based on claim stage, anticipated HMRC timing, and underwriting risk, with annualised costs often around 12% to 35%+. The process involves underwriting based on your project documentation and expenditure projections.

This type of financing is available for SMEs that have already submitted R&D tax credit claims or have a confirmed submission. Advances typically range from £75k up to £450k or more, aligned with the claim value. Funding durations are usually 3 to 10 months, depending on HMRC processing times. Pricing tends to be lower than pre-submission options, with annualised costs around 10% to 28%+, and repayments are reconciled once the claim is paid by HMRC.