Sred & Film Tax Credit Financing In Canada : Your Share Of The (Boodle, Clams, Dinero, Gelt, Kale, Lettuce, Lolly, Moolah, Pelf, Shekels, Simoleons, Wampum, Loot, Dough, Bread, Cabbage, Sugar, Scratch ) Money !sred film and digital media tax credit financing canada

OVERVIEW – Information on financing refundable tax credits in Canada. Bridge Loans for Sred and Film and Digital Media Credits access critical cash flow you need today . Eliminating the ‘wait factor’.

Financing refundable tax credits in Canada (sred / film / digital media)
continues to be immune from the recent front page headlines in Canada’s busines press. Those headlines ‘ screamed’ that (in the case of SR&ED) those generous R&D tax credits were in ‘ crackdown ‘ mode from Ottawa.

The actual title of the article was ‘ Ottawa’s Generous Loans… Crackdown’ and focused specifically on Canada’s SR&ED program , which is one of the most generous and poplar ‘subsidies ‘ in Canadian business . From our perspective the term ‘ loans’ is a misnomer, business actually only receive a refundable tax credit. It’s of course your decision to finance that refund instead of waiting for it. Let’s dig in.

Time will tell if there is in fact a crackdown’ on the popular R&D program which provides billions to thousands of firms year in and year out. Some experts say that amount is currently in the 3 Billion $ range and has in fact been higher in the past. The program is clearly the largest business subsidy in Canada.

Canadian firms who access the program are keenly familiar with all the changes that happened in 2012, including streamlining the application process while at the same time limiting some of the key deductions.

Any SR&ED tax credit refund can be financed – it’s simply a matter of ensuring you have a legitimate claim prepared by a solid SR ED consultant, those third parties that dominate the industry as it pertains to claim preparation. It certainly helps when your consultant is recognized as someone who can show your claim is not too aggressive and therefore not subject to challenge/audit.

Many firms in fact are challenging the govt on what seems like the new ‘ austerity ‘ of SR ED approval. The irony, as pointed out in the article is that the govt seems more focused on direct loans as opposed to R&D tax credits


Canadian Tax credits in film and digital media also have gotten their fare share of publicity lately. In Nova Scotia for example the entire program seems under attack- with the govt reducing the tax credit budget to 6 Million… down from 24 Million!

Again, while any film/media credit is financeable there seems to be less to finance these days! Naturally the debate always continues as to how much the govt and Canada as a whole benefits from jobs, economic activity from the entertainment industry. Ontario for example spends hundreds of millions on film/digital credits. These credits financed almost half of the film and TV budgets based on figures from a few years ago.

Film and TV projects in Canada are akin to our friend Sisyphus’ journey. Producers must sell rights; produce their shows raise equity, finance print and media advertising, etc. Stats show that on a sample 300k TV show production almost 50% can be covered off by federal and provincial tax credits.

So while the debate rages on remember that any legitimate SR&ED and film tax credit is financeable. Typical financing is structured as a bridge loan to your company or project (in the case of film/media) for 70% of the total of your SR ED or film tax credit certificate.

If you’re looking to finance film, sred, or digital media credits seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your cash flow needs.

7 Park Avenue Financial :

http://www.7parkavenuefinancial.comBusiness financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 – Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Office = 905 829 2653

‘ Canadian Business Financing With The Intelligent Use Of Experience ‘

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.

7 Park Avenue Financial

Canadian Business Financing