This firm needed help with their VAT payment

Opportunity:

The client advised there had been a lot of expenditure costs in previous months following a recent MBO, IT investment combined with the short December and accelerating salaries.

Approach:

A flexible funding solution was required if expected payment of outstanding invoices were not received ahead of VAT payment deadline.

Solution:

VAT loan with three fixed monthly repayments, helping to ease the cash flow burden and smooth out the lumpy payment.