Hi All, Happy New Year and hope 2017 is as exciting as2016.
I am following up to my previous communication last yearregarding a prepayment facility and to recap; R&D Capital Partners (RDCP)is a specialist financier that can provide R&D tax refundableclaimants the ability: · touse their 30thJune 2017 FYE R&D tax rebate, accountant/service provider or internally prepared, funds NOW; instead of waiting till September2017 to receive through the ATO system while in addition, · usingthese funds will dramatically increasing the 16/17claim rebate. i.e.: 1. If the claimant has NOT yetreceived its FYE 30th June 2016 R&D tax rebate funds. RDCP can provide up to 80% of thisrebate (with a 20% buffer that is returned to thecompany) for a minimum of three months while your accountant finalisesthe accounts. *For example (FY 15/16): Claim of $100k results in a rebate cheque of $45k. RDCP willfund up to $36k for a minimum 3 months. 2. On a quarterly basis, RDCP can pay the claimant’s incurredexpenses against theFY 16/17 claim up to 80% of the potential rebate benefit for a minimum 3 month loanperiod. If theclaimant uses these additional funds to undertake further eligible R&Dactivity to speed up commercialisation, recruitment and/or speedup the deliveryprocess within the FY16/17, it could be eligible to claim this additionat the new 43.5% rate. Hence, dramatically increasing the rebate. *For example (FY 16/17): Claim of $100k results in a rebate cheque of $43.5k. RDCP willfund up to $34.8k for a minimum 3-month period. Thus, for FYE JUN17 your claimwould be $134.8k instead of the $100k average. By accessingfunds earlier provides an opportunity for accelerating the amount of R&Dperformed or to reduce the amount of equity capital that needs to be raised tocomplete these projects timely to improve shareholder value. By using this loaninstrument, the claimant can maintain an acceleratedpace of R&D project/s that are performed and through this can reduce thetime to commercialisation or delivery. PrepaymentFeatures: · Do NOThave to change from your R&D tax service provider/Accountant (i.e. Big4,external accountants or service provider, etc..). · 7-10day approval – dependent on company financials. · Minimum3 month loan period on amounts from $50,000 to $15m. · Cashis available NOW and NOTconsigned out to a further secondary market. · Negotiableestablishment fee and up to 1.25% to 1.5% monthly non-compounded interestpayments. · Multipliesyour firm’s innovation dollar. Key BENEFITS: - Do NOT have to change from your R&D tax service provider/Accountant. - Reduces need to raise capital at an early stage when valuations cannot be easily determined and investment risk is at its highest, hence pushing back the requirement of a larger dilution of equity for a less than optimal valuation. - Reduces or sometimes negates any need for equity dilution, some of our claimants are reaching revenue positions without any need to dilute or further dilute their equity by using the R&D debt finance to bridge them into revenue. - Compliments the use of raising equity, some companies are using a mix of equity capital raising and R&D Tax prepayment debt finance to reduce equity dilution in their business. - Lengthens the client’s runway, provides the funding means by which a 43.5% claimant may reach their next major milestone against which a higher valuation can be achieved from an equity capital raising event. - Increases speed to market/ first mover strategy - by having access to prepayment debt finance the start-up can increase the speed in which it can build scale and stay ahead of competitors. - Allows the founders the comfort of raising capital at the right time and price as opposed to being compelled to raise equity when the technology or concept is proven. Andrew Miles has over 22years experience across diverse executive roles including: Complianceand Operational Risk Management; Regulator Audit (AusIndustry and ATO); ProjectManagement; Corporate Governance and Practice Development. Over the past 13 years,Andrew has specialised in providing R&D tax compliance, RM and Auditservicing to Australian firms (SME to ASX 50) across a wide variety of industrysectors, specifically: IC&T/SaaS, Defence Industries, Mining, ADI/ FS, andFMCG. Regards Andrew Andrew Miles Partner Sydney, Melbourne, Brisbane, Perth https://au.linkedin.com/in/andrewjmiles Cell: 0431 162 212and...@rdcapital.net.au Suite 4, Level 11, 470 Collins Street, Melbourne, 3000 Phone 03 7001 6444 -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. 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