How your R&D claim can help you raise finance

Most businesses have times when they need more cash , and January can be particularly challenging for some businesses, or perhaps you have growth plans for the year and you want to buy your business premises but you haven’t got a deposit.

So you go to your bank for help and they say no, you then perhaps try a commercial broker who also tells you that you need to have some money upfront and unfortunately you don’t have enough cash.

However you speak to an R&D tax specialist and as the conversation progresses it becomes clear that all the money you’ve been spending on development of your new product for the past 2 years is eligible for some money back from HMRC.   8 weeks later you receive a cheque from HMRC and it’s enough for your deposit to buy your business premises.   You go back to your broker and the deposit means now that they can help you to get a commercial mortgage.

We see so many businesses who don’t realise that they are entitled to  money from HMRC, have you got money locked up in your business ? 15 minutes on the phone and we can find out.

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