Secure funding against R&D tax credits

funding R&D tax credits

Companies who invest in research and development are eligible for a cash payment back from HM Government. Once the R&D tax credit has been approved it can take many months before the cash is received. Enable Finance is pleased to announce we can fund this gap between your R&D tax credit approval and funds being received from the Government.

R&D Tax Credit Funding:

  • An unsecured business loan – secured against the R&D tax credit approval document.
  • Bridges the gap between approval and funds received
  • No monthly repayments, interest is rolled up and cleared when the R&D tax credit is paid
  • Receive working capital today on the strength of R&D tax approvals.
  • The R&D tax claim must have been arranged by a professional third party
  • We may require proof of previous successful claims.

For more information on how we could fund your working capital on the strength of your R&D tax credits please call 0114 294 5046 or apply online below.

New business finance website launched

Working With Enable Finance

Great news Enable Finance have launched their new website, the site has had a complete makeover with great care and attention to try and make the user experience smooth. Simpler site navigation should make it easier to find our business loan products and commercial funding services.

To coincide with our new site we have re-built our application forms which are more far more intuitive guiding our clients through the approval process. Enable Finance work with over 150 commercial lenders ensuring our clients have access to a wide choice of business finance.

Key Finance Highlights

  • Unsecured business loans without personal guarantees
  • Business loans up to £25 million
  • Buy To Let mortgages up to 85%
  • Commercial mortgages up to 75%
  • International trade finance supporting importers and exporters
  • Revolving credit facilities.

Have a great St Patricks Day

Ok so I’m not Irish but we all know what St. Patricks Day is all about… having a good time with friends and family down the pub and with a big Rugby weekend, it perhaps doesn’t get better.  

Oh yes I’m sure there are some other reasons St. Patricks Day is celebrated but I really don’t know what they are…. I’ll be sampling a few pints of GUINNESS.

Enjoy your St. Patricks day from the all at  Enable Corporate Strategies Ltd.

New Comment System on our Finance Blog

home-illustrate-social_introHello Everyone, It is with great pleasure to announce yet another enhancement to our website.

We know that communication is key and we have had a massive volume of comments on some of our posts, but unfortunately we have also had a lot of spam so its been difficult to see the wood for the trees. Our new comment system from should resolve a lot of these problems.

Other Great Features:

Readers can post comments using services like Facebook, Twitter, and OpenID. They can also sign up for an IntenseDebate profile or simply comment without one as a Guest.

  • Facebook Connect: Comment using your Facebook profile.
  • Twitter Sign-In: Post with your Twitter account and tweet your comments.
  • OpenID: No need to create another account. Use your OpenID!
  • Gravatar: Full integration with your Gravatar profile.
  • Online Identity: Get to know your readers and let them connect with each other.
  • Guest Commenting: Post without an account.

We hope you enjoy the new facility and look forward to the conversation.

UK Business Thrown Life Line By Its Employees In Recession

Half of UK workers have taken actions that help companies survive the recession, according to research commissioned by R3, the insolvency trade body. By accepting pay freezes, working longer hours or making other changes to their work patterns, they are helping companies stay afloat and preserving jobs.

The poll commissioned by R3 the Insolvency trade body the shows that during 2009:

  • One in three workers have worked overtime or longer hours without extra pay;
  • One in ten have deliberately not asked for a pay rise in view of the recession;
  • One in ten have taken unpaid leave;
  • One in ten accepted a pay freeze;
  • One in ten did not receive a bonus that they expected to receive;
  • One in two people who work have taken at least one of these actions.

Insolvency Practitioners think these actions can play a key role in helping a company prevent insolvency. 42% of R3 members believe these activities can be the ‘magic bullet’ to help save a failing business and 91% think they can be helpful as part of a package of measures.

According to press reports, the following companies all asked staff to make personal sacrifices to secure the company’s long term future:

Honda: In August, Honda’s Swindon factory announced it was closing down for a four-month break – staff were asked to take a cash payout to leave and those who remained were paid in full for two months and at 60% for the next two months.

British Airways: British Airways pilots accepted 2.6% pay cuts. In return, they received shares in the company in three years time worth £13m. Also at BA, 7,000 staff agreed to take part in cost-saving measures, including 800 who said they will work unpaid for up to a month. Most opted for unpaid leave.

BT: BT said they would give staff an upfront sum of 25% of their annual salary in return for taking the entire year off. Staff were also given the option of a one-off payment of £1,000 for going part-time.

KPMG: asked its staff to move to a four-day week or take sabbaticals on 30% pay, to stave off a redundancy programme across the firm.

McGrigors: the Scottish law firm which employs 700 people across the UK, asked staff to take two weeks off without pay between June and the end of its financial year on 30 September. Salaries across the firm were frozen until October 2010.

Wragges: the law firm has seen more than 20 associates take up sabbaticals and extended maternity leave as the firm attempts to avoid the need for further losses.

Gleneagles, owned by Diageo Plc: sent letters to 700 employees in January asking them to consider voluntary severance, unpaid leave, reduced working hours or early retirement.

Thorntons: offered sabbaticals and shorter working weeks.

Esh Group: Top executives at one of the region’s largest private businesses have taken a 30% pay cut.

Leyland: announced 250 job losses and an extended factory shutdown over Christmas 2008 because of a “severe decline” in demand.

According to the CBI, nearly two-thirds of employers are operating some form of recruitment freeze and 45% have introduced more flexible working

Its very important to remember that employees are one of the most valuable items within a successful business and even though cash flow is often tight within a recession  it often takes some lateral thinking by business owners and Directors to structure a business recovery strategy, whilst still trying to retain your skilled and valuable work force.