R&D tax credits are designed to reward innovation within UK companies. They provide businesses with funds in return for developing new
Grow Your Business
Establishing a business isn’t easy. Once you are generating profit from the sale of products and services means you are on the right track. But where would you go for help to grow your business?
The first thing most business owners associate with growth is to increase sales to new customers. But this may not be your only option. Have you considered:
You may be able to invest in growing your business from retained profits. You could also consider raising external growth finance. This could be in the form of a business loan or other less well known products that allow you to fully exploit the opportunity at hand. With Finpoint you get impartial advice on all your options and access to the largest panel of funders in the UK.
R&D Tax Credits
The R&D tax relief programme scheme was introduced in the early 2000s to support innovative businesses by providing them with a tax relief of up to 33%. The UK government approves on average of around £2.5bn tax refunds per year with the average amount claimed by SME’s being £35k.
The program is a recognition by Government that R&D expenditures can be high and that it can take years for a product to be market ready. With around 20,000 claims made every year the UK has one of the most successful R&D tax relief programmes in the world yet very few business owners are aware of the scheme.
Whether you are looking to expand or want to fund a new product, this partnership gives you access to growth capital from private and institutional investors.
In order to qualify for this type of funding, your business needs to be comfortable to share your funding information publicly, be able to demonstrate early revenue and profitability, and have a plan that outlines how the investment will be utilised.
Investment readiness and equity funding
- a review of your investor information, and
- market intelligence specific for your venture in association with Beauhurst.com, the leading source of information on British high growth companies.
Borrow from £1,000 to £5 million or more
Terms from 1 months to 5 years
Finpoint Business Finance Insights
Finpoint, a leading technology based business finance platform, have appointed Adrian Innes as their Chief Revenue Officer. Innes’s remit is to
Growth Hubs and Local Enterprise Partnerships
Finpoint is working with a number of Local Enterprises partnerships (LEPs) and business hubs around the UK, to support businesses seeking funding to grow.
As a trusted partner, we are happy to refer businesses to LEPs for access to services in the areas of business mentoring, skills and access to local experts.
Finpoint is staffed with impartial finance experts that speak your language and are always ready to walk you through the pro’s and con’s of each option before you proceed.
Decide without any pressure, safe in the knowledge you got the best funding solution for your business.
Our approved funding partners
Finpoint has the most extensive funding partner network in the UK. And with over 50 funders that you won’t find on any other platform, our lenders provide hundreds of finance options to help you grow your business.
Plus, access to our services is completely free of charge, helping to lower the overall cost of finance.