R&D Tax Credit Loans from SPRK make strategic sense

R&D Tax Credit Loans from SPRK, also known as R&D Advanced Funding, can support you with access to capital on an ad hoc, quarterly or annual basis – it’s entirely up to you and what works best for your business. If you’re unsure on the best approach, our SPRK Approved Advisors can help guide you. The process is online and easy with straightforward fees, giving you the opportunity to make your capital go further, retain equity and power your innovation.

If your business has previously secured R&D tax credits, then our SPRK R&D Tax Credit Loan is an excellent option to accelerate cashflow for your business and work with the leading low cost R&D Tax Credit Advance provider.

R&D Tax Credit Loans

  • Access your refund up to 12 months earlier
  • Boost cash flow by drawing up to 80% of your estimated tax credit

Low Cost

  • No cash paid upfront
  • Establishment fee built in to loan of up to 2.5%
  • Interest rate of only 1.33% per month
  • Zero early repayment fees

It’s simple

  • Online application process
  • Fast approval and funding times
  • Zero repayments during term of Advance
  • Repaid from your HMRC tax credit
  • One set of standardised documents (first ranking debenture) for all Advances

Talk to our experts

SPRK are specialists in R&D finance, and we're here to help you get the most from every pound spent on R&D.

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  • 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, CFO

  • We worked with the team at SPRK on the financing of our R&D tax credits through their SPRK Advance product. The experience was seamless and they were able to fund within 24hrs of approval. Impressive FinTech in the lending space. Highly recommend.

    Panos, CFO

  • We were impressed by the R&D Advanced Funding solution offered by the team at Sprk Capital. They were quick to assist, and their online process made the whole application seamless. We’d recommend Sprk to anyone looking for R&D and Grant Advances in the UK. Thank you team SPRK.

    Max, Founder/CEO

  • Simple, low-cost finance for growth. Really easy process & helpful team.

    David, Founder/CEO

  • Really helpful, easy and quick to deal with and very transparent. Highly recommend.

    Andrew, CEO