SPRK Capital, a pioneering financial services firm in the UK, offers innovation-term loans to empower R&D-driven businesses. The financing solution is designed to bridge the gap between traditional R&D lending and venture debt, offering a unique approach to accessing capital based on the latest R&D tax credits. The loan enables businesses to leverage up to 150% of their most recent R&D tax claim, providing them with a substantial boost in cash flow to fuel their innovation and growth strategies. The company offers innovation loans with a term of 36 months at a fixed interest rate.

With an establishment fee of up to 3%, they ensure that companies can continue to grow and innovate without the burden of unpredictable financial obligations. With a straightforward application process, transparent fees, and quick funding times, the company is committed to making access to capital as simple and efficient as possible for businesses at the forefront of innovation. With their solutions, companies can benefit from fixed monthly repayments, with the added advantage of reducing these payments through prepayments from HMRC tax credits. Businesses looking for innovation-term loans for R&D ventures can check out SPRK Capital’s website for more information.

“In today's fast-paced and competitive business environment, access to capital is critical for sustaining growth and driving innovation," said a representative at SPRK Capital. "Our Innovation Term Loans are a testament to our commitment to support the innovators and disruptors. By offering a non-dilutive capital solution that aligns with their R&D efforts, we are not just financing their present; we're investing in their future. We provide a financial product that not only meets the immediate needs of R&D-driven companies but also supports their long-term success.”

SPRK Capital is a leading provider of innovative financial solutions designed to support the growth and development of R&D-intensive businesses. With a focus on offering non-dilutive capital, the company is committed to empowering businesses to innovate, grow, and achieve their strategic objectives without compromising their values or ownership. The company empowers innovators and developers by offering smart, simple, and low-cost financial products that help them achieve their development goals without sacrificing equity.

About SPRK Capital

SPRK is an alternative, non-dilutive source of capital for businesses with an unsustainable debt burden when finding R&D funding. The company delivers this by positioning itself as the hub between R&D companies seeking money, third-party data providers and expert R&D advisers. UK innovators created the organisation for UK innovators; they understand the challenges of fast-growing businesses and are here to support you. They provide accountants and advisors with a unique value add to their clients through this intelligent solution.

For more information, please visit: https://www.sprkcapital.co.uk

Contact Details:

30 Newman Street,
London, United Kingdom,
W1T 1PT
Tel: 08000025100
Email: [email protected]