Every business owner in Canada is aware about Scientific research & experimental development program conducted by the Canadian Government. There are many benefits of this program. Companies would be paid for the research and development task done by the company. There is no company which feels that this program is not effective. For more info please visit: http://www.benefact.ca/

1. How Long Would It Take For Scientific Research & Experimental Development Claims Refund?
Normally the Scientific research & experimental development claims process would take at least a few
months to convert into cash. But can all the businessmen wait for such long time? Of course, there is
nothing wrong in waiting for a certain amount of time for receiving the amount if you are a large scale
company but it would be difficult for small scale companies. For such small scale companies, here is
good news. You can use the facility of SRED financing.
What is the use for going for SRED financing?
If you want to maximize the over performance of your company and spend some amount for the
infrastructure, then you can go for SRED financing. To remain active in the competitive world, you
should have the best equipment, tools and software, so purchasing those things you can go for SRED
financing. You can consult the best consulting firms like http://benefact.ca/ for getting more idea on
where to use the funds if you are going for SRED financing. They are the right choice for you.
What is the amount that you can receive as SRED financing claim?
 Any finance manager or the business owner who is going for SRED financing will have a common
question in their mind. That is what is the amount that you can get when you are going for tax
credit financing option. The offer is not bad, you will get 70 percent of the tax claim amount and
the remaining will be cleared when your final settlement is made. Talk to Scientific research &
experimental development accountant from the consulting firms for more information on
these points.
 You will receive cash for the tax credit financing. You can use this cash for buying new
equipment, working capital and CRA repayments also. You don’t have to pay even 1 percent of
the cash that you are receiving as part of the Scientific research & experimental development
program.
 You have an option to claim two years amount at a time. You can carry forward one year's tax
credits to next year and claim for the entire amount in one year. This can be really beneficial if

2. you are able to manage two years without making claims. You will be able spend some huge
amount at a time for producing another new product.
So what is the better choice for your business? Waiting for 3 to 12 months for receiving the cheque or
using scientific research and experimental development financing and claiming the amount in advance.
Both are almost the same as you will be receiving the same amount. If you are confused on how to do
an what to do, then better take advice from the SRED consulting firms. You can check for these
consulting firms online or you can also contact your friends regarding this. But as the process is related
to money, it is always good to hire the best consulting firm. Do not hesitate to clear all your doubts
before you hire their services.