Financement intérimaire du crédit d’impôt remboursable pour la production d’enregistrements sonores (Interim Financing of the Refundable Tax Credit for the Production of Sound Recordings)
Loan, Loan Guarantee
Description:
This program, administered by SODEC, takes the form of a loan guarantee or, exceptionally, can be offered in the form of a direct loan that can cover a maximum of 75% of the advance refundable tax credit. SODEC guarantees the lender the repayment of 100% of the principal balance of the loan and also 100% of accrued interest and collection disbursements, without exceeding 15% of the principal balance on the date of the loan reminder.
Comments on Funding:
Continuous Intake
Eligibility:
The applicant must be a company that has received a favorable advance ruling from SODEC under the refundable tax credit for the production of sound recordings.
Application Steps:
1. All requests must be sent through the secure electronic portal SOD@ccès.
2. By connecting to SOD@ccès, applicants must:
a) create their user profile if they are a new user or enter their access codes;
b) choose the program corresponding to their request;
c) complete the application form and upload all required documents.
Documentation Needed:
Applicants must prepare the documentation to transfer to SOD@ccès, including:
1. a declaration of the applicant company;
2. a completed personal review form;
3. additional information, as listed.
Other Things to Note:
About the author
Maurice
