1 CONNECT
Get started by connecting your data to our platform and AI engine
QuickFund: Access Your SR&ED Refund Quarterly to Fund Your Growth
Flexible, Founder-friendly Capital on Your Terms
Calculate Your SR&ED Refund
Estimate the value of your SR&ED Refund.
Get up to 64% of your R&D spend from the Canadian government as a cash refund.
Access Your SR&ED Refund Up To 12 Months Early So You Can:
- Re-invest in your business
- Grow faster
- Hire sooner
- Extend your cash runway
Companies that leverage QuickFund grow much faster than their counterparts
Since company B was able to leverage SR&ED Financing to get quarterly advanced funding, they were able to increase their growth rate one year ahead for Company A.
2 APPLY
Our application process takes minutes, not hours
3 GET FUNDED
Access non-dilutive funding backed by your SR&ED tax credits
4 GROW
Scale your business on your own terms without hassle
How Would You Invest Your SR&ED Refund If You Got It Today?
Use our calculator to estimate the value of our quarterly advances and unlock your R&D expenses to improve your cash flow.
With our founder-friendly platform, it takes only one to two weeks to get funding.
Apply Now
One of the World's Largest R&D Tax Credit Software Companies
2011
Founded
1,000
Customers
120
Employees
$350M
Tax Credits
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Frequently Asked Questions
Q:What type of companies do you fund?
A:
Any company that expects to receive a SR&ED refund or provincial tax credit is eligible. Funding approval is determined based on several factors ranging from the overall financial health of your company to the strength of your claim.
Q:Do you offer funding to pre-revenue startups?
A:
Yes, we do. Our clients range from pre-revenue startups to companies that have completed a Series A round.
Q:How much funding can I get?
A:
We can fund up to 75% of your SR&ED refund or provincial tax credit.
Q:What information is needed to apply?
A:
Our funding application platform makes it easy to apply via our data integrations. Most applications take less than 30 minutes to complete.
Q:How long does it take to get approved?
A:
Fully completed applications can be approved in less than a week. Funds are typically released in 1-2 business days after an application is approved and confirmed.
Q:What if my business has other forms of debt already?
A:
Boast’s Quarterly Advanced Refunds offering is subordinated to your other debt obligations and has no financial covenants. It’s similar to a rolling line of credit where the principal and interest is accrued and paid back only once the SR&ED refund hits your bank account.
Benefits of SR&ED Quarterly Advanced Refunds
No need to give up equity, board seats, or PGs
Cash flow to extend your runway before an equity round and to hire talent for growth
Optimize your captial structure (via minimizing cost of capital)
Get enough capital for expenditures
Secure financing options for bargaining leverage
Access Quarterly Advanced Refunds in Days with Boast
Unlike traditional SR&ED Financing models with financial institutions, Boast lends up to 75% of the quarterly accrued R&D expenditures to early stage, pre-revenue, high-growth businesses.
Additionally, Boast can provide this advanced funding as early as three months into the tax year (i.e., more than one year before the SR&ED claim is filed), which can dramatically—and positively—impact the growth trajectory of any business.
This non-dilutive capital extends the cash flow runway and provides the financial flexibility needed to make better decisions about scaling the business. The compounding effect of adding additional sales, marketing, and development resources 12 months early often leads to 1.5x higher valuation over a 24-month period.
