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.


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