SPRK Capital, a ground-breaking provider of financing solutions, offers innovation term loans to propel research and development initiatives forward, providing businesses with access to capital over 36 months based on their latest R&D tax credit. Their strategy ensures that businesses can leverage their tax credits to secure non-dilutive capital, facilitating continued growth and novelty. Their solution helps businesses have the opportunity to advance up to 150% of their latest R&D claim, providing a significant boost to cash flow. Clients then make fixed payments over the 36 months, and prepayments from tax credit claims further reduce monthly payments.

Their services include low costs, with an establishment fee of up to 3% and an interest rate of only 1.5% per month. The application process is quick and easy, with fast approval and funding times, allowing businesses to access the capital they need without delay. They help bolster businesses to retain ownership with a focus on non-dilutive funding solutions and control over their intellectual property while accessing the capital needed to bring their ideas to life. Businesses looking for innovation term loans can check out SPRK Capital’s website for more information.

A representative from the company stated, "At SPRK Capitals, our commitment is to empower businesses to unlock their potential through innovative financing solutions. With our Innovation Term Loans, we aim to revolutionize R&D funding, providing businesses with the capital they need to drive forward their most ambitious projects. We believe in supporting innovation and growth, and our team is dedicated to helping businesses succeed on their journey to greatness."

Established by UK innovators to support their peers, SPRK Capital offers a unique financial lifeline for companies undertaking R&D or grant-funded projects. Functioning as a bridge between these businesses, trusted data providers, and specialist advisors, SPRK unlocks access to R&D tax credits and grants funding throughout the year. The innovative approach empowers companies to avoid the pitfalls of traditional funding – dilution of ownership or crippling debt burdens – allowing them to fuel growth and achieve their full potential.

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]