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North West Estate Agency - Professional Introduction

Sector: Property | Value: £8,000
Equipment type: VAT Funding | Term: 3 Months

Bathgate arranged a VAT loan for an estate agents based in the North West.

Problem:

A North West estate agents who had recently restructured was experiencing some cash flow issues. The problem stemmed from when their bank reneged on a temporary increase to their overdraft.

 

Approach:

Their accountant received our E-campaign highlighting our VAT funding solutions as he was looking for alternative finance for his client.

 

Solution:

A VAT loan for £8k was arranged and injected into the business to pay their VAT bill, freeing up the capital set aside to help boost their cash flow.