Quick, easy & cost-effective access to your R&D tax credit.
What we do.
Fundsquire’s business focus revolves around supplying alternative and innovative cashflow financing to Small and Medium Enterprises in Australia.
We aim to become the brand of choice for fast-growing Aussie businesses, providing them with a new way to use the funding they are already eligible for. This means companies can access their eligible R&D tax refund now, rather than waiting for the tax man – simply, through an R&D tax incentive loan.
How we do it.
SIMPLE APPLICATION PROCESS
QUICKLY BOOST CASH-FLOW & GROWTH
LOW-COST COMPARED TO OTHER TYPES OF CAPITAL
$100K TO $3 MILLION PAID WITHIN 48-HOURS OF APPROVAL
SMARTER AND CHEAPER THAN SELLING EQUITY
UP TO 43.5% OF EXPENDITURE ACCESSIBLE
What is R&D Debt Finance?
It’s a process whereby a company has an opportunity to access their future R&D refundable claim in advance, as financing. In this case, R&D meaning any technology that is approved by the ATO, and fits the definition of eligible R&D activities and R&D expenditure within the legislation.
The R&D tax incentive is treated as a future receivable and businesses are provided with an R&D tax funding facility. Businesses have the opportunity to draw down on this facility as and when they need for general cash flow within their business.
This loan is then repaid by the company from the ATO through the R&D tax incentive payment.
Find out more >
What our clients say.
“We hit our first big enterprise customer and literally doubled the size of the business in the months that we got this funding. Almost overnight. I think without the financing, those metrics wouldn’t have been possible.
What I love about Fundsquire is that you guys are of startups and for startups. It was great meeting you guys, working with you, and hanging out with you as well.
You’re one of us. And that’s super important.”
Joe Cripps, CEO – TrailApp
“Some other providers of R&D financing had aggressive terms and conditions. Fundsquire was reasonable, responsive, and competitive in their offer … they were easy to deal with and professional in their approach.”
John Stonier – Founder and CFO, Velometro Mobility Inc.
“Fundsquire provided bridging capital secured against our future R&D Tax Refund claim. This lengthened our runway, giving us time to focus on completing our Series A under the right terms for our company.
The Fundsquire lending process was simple, affordable, and fast.”
Patrice Guillouzic – CEO, Advizzo
“We’ve now had 2 years of R&D Tax Refund Funding with Fundsquire.
We love that they’ve made the process quite painless and the fact that we already worked well with our advisor helped as well, as it made the claim forecasting and collaboration very smooth.”
Jo Saxby – Head of Operations, Beauhurst
How it works.
1
Eligible business submits application for funding
2
Fundsquire conduct assessment and due diligence
3
An R&D Advisor is engaged to verify qualifying expenditure
4
Upon approval Fundsquire provide an R&D Debt Finance facility
5
At the end of the financial year the company will lodge their tax return
6
Proceeds from the tax return will be used to repay the loan
What businesses benefit from Research and Development Finance?
An R&D tax credit advance is one of the most accessible forms of financial help for a company that is highly innovative but might be pre-profit or even pre-revenue.
It can also be an excellent source of capital to help as bridge funding or as a financial buffer for an upcoming raise. Venture Capital companies also see the benefit to help their investments secure runway even before the end of the financial year.
Overall, any company that is growing, has significant investments in R&D and is looking for capital can benefit from this type of finance early in the year.
Eligibility
A company that is corporation tax eligible, is expecting an R&D claim and has invested a lot in R&D activities and R&D expenditure could potentially be qualified for a refund of up to 43.5% of relevant costs as a cash refund. Find out if your company is eligible.
Our Insights
We are here to help startups and scale-ups reach their goals, via targeted finance and more.
