
SPECIALTY FINANCE
R&D Tax Credit
Cenet Capital purchases transferable state R&D tax credits outright, converting credits you can't use into cash currently operating in New Jersey and Pennsylvania, with other transfer-eligible states reviewed case by case.
What We Do
PA R&D Credit · Awarded


You

01
Pennsylvania
PA R&D Tax Credit
We buy awarded Pennsylvania R&D tax credits directly as the principal, not a broker, and manage the state sale approval paperwork through close.


02
New Jersey
NJ R&D Tax Credits
We buy unused New Jersey R&D tax credits sold through the NJEDA Technology Business Tax Certificate Transfer Program, from application to funding.
Primary Focus
The R&D Tax Credits We Buy.
Transfer-eligible R&D credits in other states are reviewed on a case-by-case basis.
Who Qualifies

Built for companies earning credits faster than they can use them.
Pre-revenue and early-stage companies in software, biotech, life sciences, and advanced manufacturing often earn state R&D credits years before they owe enough tax to use them. If you hold awarded Pennsylvania or New Jersey R&D credits you can’t absorb, Cenet can buy them and turn them into working capital now.
Submit
Share your award or certificate details — no obligation.
Review
We confirm the award, amount, and transfer rules.
Offer
We send a firm price for a direct purchase of your credits.
Close & Fund
We handle the state sale approval and fund at closing.
COMMON QUERIES
Answers on eligibility, pricing, timing, and how state approval works when you sell R&D tax credits to Cenet.







