SPRK Capital, a leading financial services provider specialising in fostering innovation for businesses, offers long-term innovation loans to help businesses bridge the gap between R&D lending and venture debt. Leveraging the loans, businesses can access the necessary capital to invest in cutting-edge research, development projects, and technological advancements, ensuring they stay ahead in today's competitive landscape. Their solutions are designed to support businesses in maximising their R&D efforts while alleviating financial strains. The loans empower companies to pursue their ambitious R&D projects without being limited by financial barriers.

This distinctive financial offering is specifically engineered to cater to businesses involved in R&D by providing long-term capital assistance over 36 months based on their latest R&D tax credit. By providing a reliable and continuous stream of funding, they streamline R&D claim processes for businesses, maximising their R&D tax credits. The loan structure ensures businesses have a stable capital base over an extended period of 36 months, supporting their ongoing R&D efforts. Businesses looking for long-term innovation loans can check out SPRK Capital’s website for more information.

A representative from the company stated, “A SPRK Innovation Term Loan is designed to help bridge the gap between R&D lending and venture debt to create a new type of financing that supports you with access to capital over 36 months, based on your latest R&D tax credit. The process is easy, fees are straightforward, and you have the opportunity to advance up to 150% of your latest R&D claim right now.”

SPRK Capital is a leading financial institution dedicated to providing innovative funding solutions tailored for businesses engaged in research and development (R&D) activities. With a commitment to empowering innovation, the company offers a range of financial products, including the ground-breaking SPRK R&D loans, designed to support businesses throughout their R&D journey. The organisation provides tailored financial products designed to meet the diverse needs of companies across industries, with a focus on fostering growth and supporting innovation.

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]