ATTENTION SME OWNERS: 3 Month VAT Loans

Posted: 11th June 2020

On the 7th July businesses will need to clear their backdated VAT obligations as the Government’s HMRC ‘repayment holiday’ ends.

Yet, many businesses will struggle to meet this deferred deadline – some simply do not have funds due to their businesses being locked down or trading at a bare minimum; whilst others want to keep the monies saved as a cashflow and working capital fund.

Yet, businesses cannot risk forgoing their VAT payment.

Thankfully, in recognition of this predicament, selected alternative lenders have introduced specific 3 Month VAT loans.

On good terms, these are an ideal way in which to cover VAT payments, and can be more advantageous than traditional short term loans.

This tailored lending enables companies to effectively manage their VAT obligations.

The 3 Month VAT loan offers a relief to businesses, ensuring their VAT obligations are met before the next VAT bill is issued, clearing VAT debt whilst they try to recover from the COVID pandemic.

Cashflow Bridge is able to arrange these targeted loans on behalf of SME businesses. Ensuring your application contains all pertinent information to ensure a successful outcome, a 3 Month VAT Loan can be arranged quickly and efficiently.

As an independent broker, without any ties to lenders, contracts or targets, we ensure the right lender offers the right finance, at the right rate for each business’s exact needs.

Contact the Cashflow Bridge team today – call 07785 596053 or email info@cashflowbridge.co.uk

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