Message from the President

AN ECONOMIC ENVIRONMENT THAT DEMANDS SIMPLE, EASILY ACCESSIBLE FINANCING SOLUTIONS FOR SMES

The economic context in which we operate remains challenging for SMEs as we enter 2024. Rising interest rates, the economic slowdown in Quebec and Canada, and the cautious attitude of traditional banking institutions are all having a dampening effect on the momentum of many businesses. “It’s already hard for small business owners to navigate the complicated world of financing, but banks are more likely to approve loans and provide better loan terms to larger firms”, notes the Canadian Federation of Independent Business. 

In this environment, it becomes even more essential for SMEs to have access to alternative sources of financing to those offered by traditional banking institutions, which are simple, flexible and rapidly accessible. That’s why R&D Capital offers a wide range of tax credit financing solutions that give you access to capital that might not otherwise be available.

We understand that the availability of cash when you need it plays a key role in bringing your projects to fruition, in hiring and retaining skilled and scarce personnel, and in supporting your marketing efforts. Just because the economy is slowing down doesn’t mean that these key factors in your success are any less important. R&D Capital is here to help, even when the economy is buffeted by headwinds.

Pierre Binette, President

R&D Capital