Two partner legal practice wanted assistance with paying their latest VAT liability. As business is picking up, this is placing demands on cash flow.
Based on minimal information, we were able to arrange £50,000 facility, to cover the HMRC quarterly bill.
HMRC are being paid in full today on the customers behalf, then our client benefits from 3 fixed monthly payments starting in one months’ time, giving a welcome payment free period and the ability to budget cash flow over the next 4 months.
As always, clients can use VAT funding every quarter or ad-hoc depending on cash flow requirements.
Could we help you? Call us today to find out! 01928 739 712
