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

Connect

Get started by connecting your data to our platform and AI engine

Apply

Our application process takes minutes, not hours

Get funded

Access non-dilutive funding backed by your SR&ED tax credits

Grow

Scale your business on your own terms without hassle

Benefits of SR&ED quarterly advanced refunds

No need to give up equity, board seats, or PGs

Get enough capital for expenditures

Secure financing options for bargaining leverage

Cash flow to extend your runway before an equity round and to hire talent for growth

Optimize your capital structure (via minimizing cost of capital)

One of the world’s largest R&D tax credit software companies

2011

Founded

1,000

Customers

120

Employees

$350M

Tax credits

Trusted by over 1000 companies across North America

OpsLevel, a trusted partner of Boast AI

The future of financial services is being created to offer a more customer-first, mobile-first approach. Transforming Financial Services Read more Venture capital pioneer TracVC ignores tradition and relies on technology and data to pick investments. Moneyball Moneyball Investing Read more Nexus robots-as-a-service disrupts traditional approaches to crop health. Pioneering Agri-tech Read more Plantiga pushes human movement analytics to help people live better. Human Movement Innovation Read more Plurilock’s continuous authentication makes computing easy and secure. Security Innovation Read more Rival’s mobile market research powers a better way to reach consumers. Modern Consumer Research Read more Rival Logo Purilock logo Plantiga logo Nexus logo Trac logo

The best financing model

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.

FAQ

Frequently asked questions

If you haven’t found the answer to your question, please ask us!

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.

Yes, we do. Our clients range from pre-revenue startups to companies that have completed a Series A round.

We can fund up to 75% of your SR&ED refund or provincial tax credit.

Our funding application platform makes it easy to apply via our data integrations. Most applications take less than 30 minutes to complete.

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.

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.

Talk to an Expert

Estimate the value of your R&D Tax Credit Refund