How to get help paying your business’ tax liability
VAT and Corporation Tax loans are a great way to maintain a healthy cash flow. These loans provide fixed and affordable monthly payments, making it much easier to keep control over your finances.
How does a VAT loan work?
Our fast and affordable VAT loans, starting from £10,000+ are a great way to avoid the sting of your quarterly VAT liability.
Firstly, you will need to apply for the loan and get credit cleared. You can expect this to take between 24-48 hours.
Then, providing you are creditworthy, we will look to get your VAT funded within just 24 hours! Payment will be made directly to HMRC– saving you all the hassle! You will then make 3 affordable monthly repayments back to us. Repayments usually start 30 days after the agreement has gone live. This then in turn will protect any harm made to your cash flow from the brunt of VAT.
How do Corporation Tax loans work?
The process of applying for a Corporation Tax loan is quick and simple. We will need some information from you such as your company accounts, potentially management figures and your last three months bank statements.
Once you have signed the simple and easy to read loan document, we process the information. Then we arrange for HMRC to be paid directly from the bank using your unique tax reference.
Our funders have undertaken thousands of these Corporation Tax loan agreements in the past, so it is all perfectly acceptable with HMRC.
You then make a regular loan repayment until the loan is repaid in full. You can pay over a term of three months up to ten months, depending on what you would like to do. Normally, the repayments start a month after HMRC have been paid.
We are seeing an increase in popularity in our VAT and corporation tax loan facilities because they offer you:
- Cash flow relief especially at a time when overheads are high whilst we all endure the cost-of-living crisis
- Industry leading rates
- Fast payment
- An alternative funding line
- Approval within 24hrs
- Fixed monthly payments
- 5* customer service
Contact Us
If your cash flow could do with a bit of TLC, please don’t hesitate to get in touch. Give us a call on 01494 956 871, or drop an email to [email protected] and a friendly member of the team will get back to you in no time.