SR&ED Refund Advance Calculator
Estimate your SR&ED advance costs and runway extension
How much SR&ED financing can you get?
Inputs
$
75%
1.5%
%
$
Fixed fee per month until refund is received
$
$
Used to estimate runway extension
Adjusts processing time by 0 months. Current model uses 4 months.
What will your SR&ED advance cost?
Results
Gross advance
CA$187,500
Net proceeds
CA$179,850
Origination fee
CA$3,750
Monthly fees
CA$1,400
Flat fees
CA$2,500
Interest
CA$11,250
Total repay
CA$198,750
Amount due at refund
CA$198,750
Total cost of capital
CA$18,900
Effective APR
30.66%
Estimated runway extension
2.3 months
Based on cash at close and monthly outflows.