VAT loans has become a growth area over the last few years. Many professions, often firms of accountants and solicitors, finance their VAT payments mainly to match the expense with when client invoices are paid. We can provide underwriting for VAT funding Loans, quick and easy VAT Loans.
VAT loans provide funding for VAT payments. Loans for VAT help to finance VAT payments when you need them. VAT funding finance loans is normally very quick and documentation simple to complete.
VAT Loans – Key features:
Finance your VAT bill with an unsecured loan
Save money by not incurring a 15% HMRC VAT surcharge for late payment
Finance your VAT over three months, then do the same again next quarter
Does not impact on your existing bank facilities
It’s simple to do and you will get a quick decision
VAT Loan example
Firm of architects
£8,656.25 per month
This firm of architects have many large contracts that have been invoiced, however, their customers have not paid. In effect, they not only have to finance their debtors but another 20% payable to HMRC