R&D tax relief advance funding
Received an R&D tax credit? Dont wait for HMRC – get paid sooner with Swoop
Received an R&D tax credit? Dont wait for HMRC – get paid sooner with Swoop
Has your business been awarded an R&D tax credit? Well done! However, you’ll now need to wait for HMRC to pay out (they’re notoriously slow). That’s where Swoop comes in – our R&D advance funding experts can help you get the funds faster. Working to understand your claim and your business, you could 80% of your future R&D relief amount up to 12 months faster than if you wait for HMRC. Imagine what you could do with that cash, months sooner than usual? Improve your working capital and reduce the strain on cash flow – you could even reinvest in R&D and increase your claim amount!
Use your advanced funding for any legitimate business use, including:
We’ll get to know your business and R&D projects. We might even be able to get you a bigger payout if you reinvest in R&D.
We’ll match you with all suitable R&D advance funding lenders.
If you’re eligible, we’ll get your advance into your account months faster than HMRC.
Global customers (and counting!)
Funding completed
Savings for our businesses
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