VAT & Tax Loans -
VAT Loan to Spread Upcoming Quarterly VAT Payment
Opportunity:
This recruitment firm was seeking funding to spread their upcoming quarterly VAT payment due to HMRC.
Approach:
A flexible solution required to help ease cash-flow burden impacted by the payment terms they have for some of the employers they work with.
Solution:
A VAT loan was sourced, with three fixed monthly repayments, smoothing out the lumpy payment and easing the cash flow burden.