Occasionally releasing capital from your business to pay a tax bill can be unsuitable, that’s when a tax loan becomes beneficial. At the Finance Brokerage, our HMRC VAT loans are flexible and easy to arrange. Many of our applications approved and funds paid into a bank account within hours of an application.
So why choose a VAT loan? We can provide you and your business with tax loans up to 5 million and this can be repaid over a term of 12 months in order to keep the repayments affordable. Given that the loans are unsecured there is no need for a debenture over your company or security over a property, but the lender may look for a personal guarantee for reassurance.
What are the benefits of using a VAT loan?
- Takes the pressure off of your cash reserves
- Fast and simple to arrange
- Retain working capital for other business areas
- Iron out bumpy patches in cash flow peaks and troughs
- Affordable and fixed monthly repayments
- Very Competitive rates
- Can be paid directly to HMRC
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