How Much Can I Borrow?
We can lend from £10,000 up to £500,000 on for the payment of tax, VAT bills or other financial emergencies.
Will I Qualify?
We work with lenders across the whole business finance market and offer a wide range of products. One of our advisers will talk through your circumstances and details of your requirements and advise you on the best course of action.
Where borrowing is required, we will let you know which products would be most suitable for you, how much they will cost and how quickly you are likely to get the money.
How Quickly Can I Take Out A VAT Loan?
We have facilities that can complete in as little as 24 hours from your initial application. Most unsecured products can usually complete in 3-5 days.
What Products Can Be Used to Fund My VAT or Tax Bill?
The most suitable product will of course depend on the individual circumstances of your business. Generally speaking, unsecured business loans tend to be the most commonly used product. Although consideration should also be given to the following:-
We always talk through your circumstances in full and will consider all options for you to ensure you’re always offered the most suitable product.
How Does the Process Work?
This will of course depend on the most suitable product for your circumstances.
Firstly, we would discuss your circumstances over the phone to build a picture of your business. Once this initial consultation has taken place, we will be in a position to discuss the most suitable options with you and move forward to application.
We work with you throughout the process to ensure everything runs smoothly and quickly, negotiating with the lender on your behalf to ensure that you receive the best deal.
Once the application is completed, the funds are paid into your bank account to allow you to settle your tax or VAT bill.
What Information Will the Lender Require?
Each lender will have their own requirements. But, in general, you will be expected to provide the following:-
- Details about yourself and your business
- 2 years accounts for your business
- 3-6 months business bank statements
- 3-6 months personal bank statements
- Details of the tax or VAT bill that you’re looking to fund