Borrower Service – Research & Development Advance
Borrower rates from 13% p.a.


  • Unsecured short-term lending against either an R&D tax claim or qualifying grant
  • For companies with history of successful R&D claims/Grant claims
  • R&D funds paid direct to ArchOver controlled bank account
  • R&D claim prepared by third party professionals
  • Successful Grant history or awarded Grant has achieved first payment/milestone deadlines

R&D Tax Claim

The Research & Development Advance is short-term lending against an identified Research & Development (R&D) claim payable to a company by HM Revenue and Customs (HMRC) or against an Innovative Grant Advance (IGA).

HMRC has made allowance for companies they deem to be undertaking qualifying Research & Development activities. Companies can claim cash repayments of up to 33% of the qualifying R&D expenditure. The claims are made with a company’s tax return (CT600) each year, with claims up to two years in arrears also allowed.

It can take up to three months between a company making a claim and receiving payment from HMRC. ArchOver helps companies ‘bridge this gap’ by facilitating a loan under this RDA lending service. Importantly, the loan can be drawn down up to 12 months before the claim is expected to be received, allowing companies to receive advance funding for their ongoing R&D.

The RDA is available only to companies that can demonstrate a history of successfully claiming R&D tax credits from HMRC with at least two years of successful claims having been made. Additionally, the company must have retained professional advisers to help in the preparation of the R&D tax credit claim. When making the claim, the company seeking the advance must advise HMRC to pay all the funds claimed to an ArchOver controlled bank account. The directors of the company seeking the advance must warrant that the PAYE, CIS, VAT and CT payments are up to date (i.e. that the company has no overdue debts to HMRC) and will be maintained up-to-date throughout the period of the loan.

Qualifying Grant

For an IGA (Innovative Grant Advance) we review previous successful applications for grants and delivery of projects in accordance with the application and receipt of payments substantially as scheduled. However, if no previous IGAs have been delivered on by the Borrower, we need to see the Grant being advanced against has been signed and agreed, they have received the first payment (normally this is on signing) and they have submitted and received at least one payment request for the first period (the length of periods will vary) of the grant.

Furthermore, the directors confirm that, in their reasonable opinion and having made reasonable enquiries, the borrowing business has sufficient funds to trade through the period of the loan and beyond.

All details are listed alongside each loan on the platform. It is recommended that Lenders read and understand the information within the Project Description before investing.

Risk Warning

Lenders: Your capital is at risk and interest payments are not guaranteed if the borrower defaults. Historic loan default rates are not necessarily indicative of future default rates. Lending over the ArchOver platform is not covered by the Financial Services Compensation Scheme. The current average return is based on the total amount raised over the platform. It is the result of calculating the average Lender return, before tax, of every loan funded over the ArchOver platform. Borrowers: In the event of default, ArchOver will seek to recover assets to the full value of the loan. Understand more about: Detailed Risk Warning, Defaults, Recoveries & Losses, General FAQs .