Please have your client provide us with the following information and documents if they would like to open invoice discounting or SR & ED claims accounts.

Invoice Discounting
To promptly open an invoice discounting account we require:

1. Copies of invoice(s) your client wishes to sell.
2. Copies of contracts with their customers.
3. Letters of incorporation or business registration (also trade name if applicable).
4. Corporate documents identifying the signing authorities, corporate officers and directors, and their dates of birth.
5. Does your client have a corporate seal? If so, they should provide a sample of it on paper.
6. Five sheets of their letterhead.
7. Bank account information (void cheque) and the account manager's name.
8. Accountant's name and firm with complete address and telephone number.
9. Lawyer's name and firm with complete address and telephone number.
10. Last Revenue Canada remittance for payroll GST; PST WCB & EHT.
11. Corporate officer(s) personal ID: Driver's License and SIN.

SR & ED Advances
To promptly open an SR & ED account we require:

1. Amounts to be claimed or those that are claimed and outstanding: Federal and Provincial.
2. Copies of last filed claim if any: Federal and Provincial.
3. Amounts paid on last filed claim.
4. Letters of incorporation or business registration (also trade name if applicable) and proof of status as a CPCC.
5. Corporate documents identifying the signing authorities, corporate officers and directors, and their dates of birth.
6. Has the corporate year-end ever been changed?
7. Does your client have a corporate seal? If so, they should provide a sample of it on paper.
8. Five sheets of their letterhead.
9. Bank account information (void cheque) and the account manager's name.
10. Accountant's name and firm with complete address and telephone number
11. Lawyer's name and firm with complete address and telephone number
12. Name and telephone numbers of CCRA Scientific Review & Financial Auditor
13. Last CCRA remittance for payroll GST; PST WCB & EHT.
14. Corporate officer(s) personal ID. Driver's License and SIN.

For the individuals named above please provide telephone, e-mail and fax numbers.

With the information in hand we can open your account and make our first disbursement to you within six working days.

For clarifications concerning the above requirements please contact us.

Tel. 613 563-4588 Fax. 613 563-4689
Peter Kemball 201
Andy Chen 202       or
Michael Edwards 203

email
  peter@acornpartners.com
  andy@acornpartners.com
  mike@acornpartners.com