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VAT
Loans
Need to pay your VAT bill?
Spread your VAT payment over 3 months
with specialist VAT finance.
- Decisions within 24 hours
- HMRC paid directly
- FCA Regulated
- Trading Since 2003
VAT Funding for Companies
VAT Bill - Over 3 months
From £5,000.00
As with all financial agreements, this quotation is subject to approval based upon the credit status of the company applying.
A VAT loan is simple to sort, just like using our VAT Loan calculator
No need to enter your details
£5,000 to £9,999,999
Press the “Calculate” button
Takes less than a minute to apply
We pay HMRC on or before the 7th of the month. You make three monthly repayments starting a month later
Why choose us?
Decision within 24 hours
Industry leading rates
5 star customer service
E-Sign Documents
95%
rate
20
Years experience
With over 20 years experience in the finance sector, we have a deep understanding of the industry and are well-equipped to assist you with all your financial needs.
VAT Funding for Companies
VAT Bill - Over 3 months
From £5,000.00
As with all financial agreements, this quotation is subject to approval based upon the credit status of the company applying.
Quick and
simple process
Obtaining a VAT loan is a quick and simple process. Below, you can see a short video on how it works and the main benefits to VAT Loans. You can even calculate a VAT loan repayment using our free VAT loan calculator.
Working throughout the UK with various companies
Solicitors, architects, construction, scaffolding, engineering, manufacturing, accountants – just a handful of the types of companies we work with
How can a business loan help my business?
Take a look at why other companies fund their VAT bills
Use our free VAT loan calculator
Work out repayments on a VAT loan with our VAT calculator
What is VAT Funding?
VAT finance can help a UK limited company spread the cost of a VAT bill while keeping cash available for day-to-day trading. It is borrowing: the company must be able to afford the repayments as well as its other commitments.
VAT Loans is a credit broker. We introduce businesses to a panel of lenders and may receive commission if finance is arranged. Funding is subject to status, affordability and lender approval.
Use our VAT loan calculator for an indicative repayment estimate, check eligibility and the application process, or read how to compare VAT finance providers.
Benefits to VAT Funding
Cash Flow
Keep funds in your business to be used elsewhere. Take control of your finances and free up valuable cash for other purposes.
Fast Payment
Payment is normally made to HMRC within 24 hours after receipt of signed documentation.
Alternative Funding Lines
No need to use up an existing bank facility. This gives you alternative options to use in order to finance your loans.
Quick and Simple to Arrange
Simple use of our free to use calculator can give you a quote in a matter of seconds. Alternatively, you can give us a call on 01494 956 871.
Fixed Monthly Payments
Easy fixed repayment schedule with industry leading rates.
Approval within 24 hours
VAT Loans prides itself on fast and quality customer service, which is why we will have a decision to you in the first 24 hours.
How VAT funding works
1. Tell us about the bill
Share your company details, the VAT due and the payment deadline. Our VAT loan calculator gives an indicative repayment first.
2. Decision within 24 hours
We aim to give you a decision within 24 hours. As a credit broker we introduce your company to a panel of lenders; funding is subject to status, affordability and lender approval.
3. HMRC paid, you repay monthly
HMRC is normally paid within 24 hours of the signed documents, on or before the 7th of the month. You then make three fixed monthly repayments, starting a month later.
What does a VAT loan cost?
The cost is the interest and any fees on top of the amount borrowed, so compare the total repayable rather than the monthly figure alone. Your written quotation confirms the actual rate, fees and repayment dates.
VAT bills from £5,000 to £15 million can be funded, and you don’t have to borrow the whole bill. Our guide explains how to compare VAT finance providers.
£10,900 repaid in total
Illustrative example, not a quotation: a £10,000 VAT bill repaid in three instalments of £3,600, plus a £100 fee. That is £900 more than was borrowed.
Can you pay VAT in instalments?
Yes. There are two main ways to spread a VAT bill: an HMRC Time to Pay arrangement or a VAT loan.
HMRC Time to Pay
If your company can't pay in full, HMRC may agree a payment plan. HMRC decides whether it is affordable, charges late payment interest until the VAT is cleared and can cancel the plan if a payment is missed. Penalties start once VAT is more than 15 days overdue.
A VAT loan
HMRC is paid in full and on time, and your company repays the lender in three fixed monthly instalments. It is borrowing, so the company must be able to afford the repayments alongside its other commitments.
Who can apply?
UK limited companies
VAT bills from £5,000 to £15 million
Affordable repayments
We work with companies across the UK, including solicitors, architects, accountants and construction, scaffolding, engineering and manufacturing firms. VAT funding isn't designed for sole traders or partnerships.
Can I spread my VAT bill over three months?
Yes. With a VAT loan, HMRC is paid in full and your company repays in three fixed monthly instalments, starting a month after HMRC is paid.
Can you pay VAT monthly?
Most VAT-registered businesses pay each quarter’s bill in full by its deadline, normally one month and seven days after the end of the quarter. To turn a quarterly bill into monthly payments, you can ask HMRC for a Time to Pay arrangement, or fund the bill with a VAT loan and repay the lender monthly.
How quickly is HMRC paid?
Payment is normally made to HMRC within 24 hours of receiving your signed documents.
How much can my company borrow?
VAT bills from £5,000 to £15 million can be funded. The lender decides the amount it offers. You don’t have to borrow the whole bill: start with the funding gap, after the cash your company can safely use.
Will I need a personal guarantee?
It depends on the lender and the facility. Ask us to confirm the security and personal guarantee requirements for the proposed lender before you sign, so you know exactly what you would be responsible for.
Is a VAT loan the same as HMRC Time to Pay?
No. Time to Pay is a payment plan agreed with HMRC, which charges interest while the VAT is unpaid and can cancel the plan if you miss a payment. A VAT loan is finance from a lender: HMRC is paid in full, and your company repays the lender. See the two side by side.
What happens if I pay VAT late?
HMRC charges late payment interest from the first day the VAT is overdue, at the Bank of England base rate plus 4%. If the VAT is still unpaid after 15 days, a first penalty of 3% of the amount unpaid is charged. A further 3% is added if it is still unpaid at day 30, followed by a second penalty charged at 10% a year. Work out a late payment penalty.
Can you fund corporation tax as well?
Yes. We also arrange corporation tax loans for UK limited companies, so the corporation tax bill can be spread in the same way.
