Tax Funding from CMF – Apply for a tax loan today
Our tax loans allow you to spread payments over the year. Do you currently finance your tax? Contact us to see if we can save you money, and get you a better deal with a tax loan.
- VAT- 0+3 monthly profile and term
- Corporation tax- 0+12 monthly profile and term
- Self assessment- Specialist personal loan over 0+6 or 0+12 months profile and term
Tax is an inevitable expense that every business must pay. Unfortunately, it can often amount to a substantial sum, and have a significant effect on a company’s cash flow. By having to pay such a potentially large sum up front, many business owners often find that they are unable to invest in other areas of the business, limiting growth, and that the necessary capital for day-to-day operations is sometimes restricted.
The amount of your business’s yearly tax bill can also be unpredictable, which makes it difficult to plan for. As such, your tax bill could have the potential to bring your business to a grinding halt, or even put you in a financially difficult position. That’s why many professionals apply for business tax loans — to help ease the impact that a tax bill can have.
The Benefits of Unsecured Tax Loans
Tax finance allows you to spread the cost of your business tax over a 12 month period, while ensuring that HMRC is still paid the correct amount, on time.
Just some of the reasons why you might consider tax funding include:
• Spreading the cost of tax
• Improve business cash flow
• Flexibility of an unsecured loan
• Quick & simple to arrange.
Applying for a Loan
We provide unsecured tax loans to reliable principals — institutions we can expect to keep up with their repayments. Examples of company details that CMF consider during the approval process are:
• Credit score
• Debt–to–income ratio
• Industry risk markers e.g. SIC codes
• Operating cash-flow margins
Businesses must also submit the necessary paperwork for their loan to be granted. A loan application package generally includes:
• A business plan
• The owners’ resumes
• Financial documents e.g., balance sheets and cash-flow statements
• Tax returns from the last three years
Partnership Tax Changes
As part of the intended partnership tax changes from HMRC for limited liability partnerships (LLP), we are able to offer unsecured partnership tax funding from £25k with no upper ceiling. Funding can be borrowed in the name of the individual or the firm. Get in touch with us for more information about partnership tax finance.
Business Tax Finance from CMF
At Corporate and Medical Finance, we have a carefully selected panel of lenders with whom we can offer flexible, unsecured tax loans for virtually any company. Our service is quick and efficient, with many arrangements being made within just a few hours, based on only confirmation of professional status.
As well as being specialists with firms in the legal and healthcare industries, we’ve worked closely with businesses in a range of different sectors: from hospitality to pharmaceuticals, to beauty and cosmetics, and even local councils. To find out more about the financial services that we offer, or to find out how we could help your business, get in touch with CMF today via the website or call our office on 01928 739 712 where one of our team will be happy to assist with your enquiry.
Some of our other services include:
“I used the services of CMF for the first time, to purchase a robot for use in the pharmacy, I found the team to be very efficient and would recommend CMF to any pharmacy shopfit/automation purchase. They have a fantastic forte in asset finance and are very keen to exceed customer expectations. I have already recommended CMF to my pharmacy network.”
Waqqass, Pharmacy Owner, Manchester