SR&ED investment tax credit loans

The Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive program offered by the Canadian Revenue Agency (CRA) to support and encourage Canadian businesses to conduct research and development (R&D) in Canada.

What is the Vancity SR&ED investment tax credit loan?

We understand the potential cash flow challenges faced by local businesses. Receipt of funds from the initial filing of SR&ED claims typically takes 30 to 180 days, and wait times for these refunds may affect your cash flow.

The Vancity SR&ED investment tax credit loan* is designed to help provide capital to businesses with qualified research and development expenditures, so you can focus on what’s important – conducting R&D and making an impact.

Features of the Vancity SR&ED investment tax credit loan

Flexible repayment option:

A demand loan with interest-only payments, with repayment in full upon receipt of the tax credit from the CRA.


  • Track record of successful claims
  • Strong supporting documentation to SR&ED claims
  • Ability to cash flow the business through anticipated receipt of funds, including the Vancity loan
Borrowers must open a Vancity account to which CRA deposits will be directed.

Loan terms and pricing:

  • Financing available up to 75% of accrued eligible SR&ED investment tax credits receivable, with a minimum loan size of $75,000
  • Application fee: 2% of amount borrowed*
  • Rate: Vancity Prime + 6% to 10%*
More information on the SR&ED program can be found on the CRA website.

* Vancity's normal lending criteria apply.
Rates and fees are subject to change without notice. Please contact us for details.


Get started

For more information, please contact Heather Gordon at 604.708.7786 or by email at