"The SPRK team were quick to react to our request for an advance against our R&D tax credit claim. They helped us as we headed into a new successful funding round. The whole process was completed in record time being simple and straightforward – I would highly recommend SPRK for this type of funding."
Leah, CFOSPRK Innovation Loans – Keep investing
Definition R&D Innovation Loans from SPRK allow you to leverage your R&D tax credits further, creating long term working capital for your business. We provide companies the ability to borrow up to 150% of their most recent tax credit and then repay over 36 months.
Innovation Loans
Access capital to accelerate innovation
Boost cashflow by borrowing up to 150% of your tax creditLow Cost
No cashpaid upfront
Establishment fee built in to loanof up to 3%
Interest rate of only 1.5% per month
Zero early repayment feesIt’s simple
Onlineapplication process
Fast approval and funding times
Simple repayments during term of Advance
Repaidfrom your HMRC tax credit
One set of standardised documents (first ranking debenture) for all AdvancesTalk to our experts
SPRK are specialists in Innovation Loans, and we’re here to help accelerate your business.

