$500k - $5m+
up to 85%
of EXPECTED
claim
monthly, quarterly or annual
on receipt of rtdi
Prior Year Funding Facility: Finance for R&D expenditure incurred in the prior financial year which is pending AusIndustry Registration and lodgement of tax returns with the ATO (eg. a loan advanced in July 2025 against R&D expenditure incurred in the financial year ended 30 June 2025).
Current Year Funding Facility: Finance for R&D expenditure incurred in the current financial year on a “drawdown as you expend R&D” basis. This enables you to bring forward loan advances by accessing funding on a quarterly or half yearly basis before the end of the financial year.
Hybrid Funding Facility: Combining a Prior Year Funding Facility with a Current Year Funding Facility under a single loan agreement with a two tranche structure. This approach essentially provides funding against R&D expenditure incurred over two financial years within.
The R&D Tax Incentive converts eligible R&D expenditure into a government refund. An R&D loan brings forward access to that capital, improving cashflow without changing the underlying economics of the business.
R&D loans are structured against an expected government receivable. They do not require issuing equity or changing the shareholder base, allowing founders and operators to retain ownership and control.
Because the facility is repaid once the ATO refund is received, R&D loans are typically short duration and self-liquidating. This makes them a practical tool for funding ongoing product development or smoothing working capital.
By advancing capital the business is already entitled to, R&D loans help smooth cash flow and fund growth initiatives without needing to raise additional equity or time a broader funding round.
R&D Financing allows eligible companies to access a portion of their expected R&D Tax Incentive before it is paid by the ATO.
The facility is typically advanced against the forecast refund and repaid once the R&D Tax Incentive is received.
No, research & development loans are structured against an expected government receivable and do not involve issuing equity or changing the shareholder base. Ownership and control remain unchanged.
Eligibility depends on factors such as historical R&D claims, forecast eligible expenditure, and the quality of the underlying R&D Tax Incentive submission. Companies with a consistent R&D profile and credible tax advisers are typically best suited.
Mighty Partners generally requires a first-ranking general security. Where a company has existing banking or credit facilities, security arrangements can be discussed and structured on a case-by-case basis.