Financial Services - Sydney, New South Wales, Australia
Rocking Horse Group is a business that completes the venture ecosystem for SME's in Australia.Rocking Horse has been developed to accelerate a company's growth prospects and support cash flow by providing financing against their eligible R&D schedule. Rocking Horse will leverage the Federal Government's R&D Tax Incentive scheme and provide funding to companies who have undertaken eligible R&D activities. The financing will be provided in advance of Rocking Horse receiving the R&D tax refund directly.The benefit for participating firms is that they can access future cash flows much faster than they would otherwise be able to through the traditional R&D tax incentive scheme which can take up to 15 months for a rebate to be provided. Rocking Horse will provide R&D financing, positioning itself as a key participant in the Australian innovation eco-system.
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