Financing of Refundable Tax Credits

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