In Government measures to ease cashflow woes for businesses, HMRC deferred VAT payments until 7th July.
However, that date is now looming and many businesses either do not have the funds to cover their bills or they want to keep monies aside for cashflow and working capital to see them through the COVID pandemic and forthcoming recovery.
That’s why some lenders have now created unique 3 Month VAT loans.
The 3 month repayment period, made directly to HMRC on a business’s behalf, covers repayment responsibilities up until the next VAT payment is due, greatly reliving a business from pressures of ongoing VAT expenses.
These loans can provide peace of mind and rest bite in meeting VAT payments, and can be far more commercially viable than a traditional short or loan term loan.
This tailored lending enables companies to effectively manage their VAT obligations.
Funding from £25k and above
Direct monthly or weekly payments from your loan directly to HMRC
Does not affect your current finance facilities
Simple and affordable terms and rates
Clearing your VAT debt helps businesses in their COVID recovery without the worry of not meeting VAT obligations, or the risk of HMRC fines.
Funds agreed within days
Keeps cashflow consistent
Helps spread the cost of VAT debt
Favourable repayment terms and rates
Offers peace of mind from pressures of meeting VAT responsibly when businesses have not been fully operational.
Here at Capital Corporate Finance we can arrange these specialist VAT loans with lenders on your behalf. We prepare and present your application, ensuring all vital information is included to ensure a successful outcome. This can be arranged faster and on better terms than if you were to go direct.
As independent experts in our field, with access to the whole of the UK lending market, without being tied to any lenders, contracts or targets, we can offer you a myriad of finance solutions that best suit your needs.
For more information on how Capital Corporate Finance can help your business meet its VAT obligations call Founder and Managing Director, Carole Roe, directly on 07785 596053 or firstname.lastname@example.org
ATTENTION: Capital Corporate Finance are approved and authorised to prepare and present CBILS loans to major lenders.
FACT: CCF boasts a 90% CBILS loan acceptance rate, compared to just 50% nationwide.
Comprehensive applications are put together in a professional and financially sound way with circumstantial evidence to support their application – vital in securing a positive outcome.
Applications can be arranged for up to £250k, secured on market leading terms and rates - with no fees or charges, or costs affixed to the lending – with major lenders.
With a 90% success rate, ensure your business receives the funding it deserves.