VAT Loans
Protect Your Cashflow, Pay HMRC Fast
VAT Loans
VAT bills are unavoidable and can cause major issues to your business cash flow. Receiving an unexpected bill or finding you owe more than you anticipated, only adds to the pressure of running your own business.
If you lack the working capital you need to meet your company VAT liabilities, we can help with VAT finance. Whether you have missed your payment deadline or are due to pay your bill, a VAT loan will protect your cash flow and enable you to fulfill your legal obligations.
What is a VAT Loan?
A VAT loan is a short-term finance solution that is used by businesses to pay their quarterly VAT bills by the HMRC deadline date.
The VAT bill is paid directly to HMRC by the finance provider which you then repay in monthly installments.
What are the benefits of using VAT loans?
There are many benefits to using VAT loans:
Improve Cash Flow
Avoid large upfront costs
Protect existing lines of credit
Tax benefits
Does my business qualify for VAT finance?
To qualify for a VAT loan, your business must be registered in the UK and have a trading history of at least twelve months.
You will also need to provide the following:
You will also need to provide the following:
Copy of VAT bill
Business bank account statements
Company accounts
Information about the directors of the business
Let's make your VAT manageable
Let's have a chat about your business and what you need to protect your cashflow to sustain and grow your business. Call us on 0116 389 3839 or complete our form.