Financing of Refundable Tax Credits

If your company qualifies for a refundable tax credit, Investissement Quebec can provide financing in the amount of your anticipated tax credits.

Investissement Quebec

Overview of the Financing of Refundable Tax Credits program:

Tax credits serve as concrete evidence of the Quebec government's support for local businesses. At Investissement Québec, we specialize in helping businesses convert these future tax credits into immediate cash, providing the liquidity needed to seize growth opportunities, invest in innovation, expand operations, and stay competitive. We understand that timely access to capital is vital for businesses, and we're here to facilitate that process, turning government support into tangible resources for your success.

Benefits of the Financing of Refundable Tax Credits program:

A loan or loan guarantee
A financial product that meets your requirements
Minimum financing of $50,000 for SRED tax credits and $20,000 for other
Tax credits
Financing for all your projects, large and small
Financing for up to 100% of the refundable tax credits anticipated in one fiscal year
The chance to put your refundable tax credits to work immediately
A loan guarantee for up to 80% of a net loss
The possibility of obtaining additional funding, if required
Repayment of capital directly from your tax credit payment
Worry-free repayment

Eligibility criteria of the Financing of Refundable Tax Credits program:

Eligibility Criteria
Your business is eligible for tax credit financing if it qualifies for a refundable tax credit.
Special Requirements
Your business must submit a cash budget that will have to be deemed to be sufficient to support the businesss operations.
Projects eligible for refundable tax credits pursuant to tax legislation:
Tax credits for scientific research and experimental development (SRED)
Tax credits for the digital transformation of print media companies
Tax Credit to Support Print Media Companies
Tax credits related to the knowledge-based economy:
Development of E-Business (CDAE)
Production of Multimedia Titles
Tax credits related to payroll:
Gaspesie and Certain Maritime Regions of Quebec (GAS)
Other tax credits
Investments in Manufacturing and Processing Equipment
Construction or Conversion of a Vessel (CTN)
Technological Adaptation Services (SAT)
Tax credits for the integration of IT (CTIM)
Any other refundable tax credit