Unsecured Own Book VAT Loan for a Building Restoration Building

Opportunity:

A building restoration business with a growing turnover, and who had over-capitalised the previous financial year, needed a short-term loan to spread a pending quarterly VAT payment.

Approach:

Working quickly and efficiently was key to the success of this transaction. Keeping the accountant and finance director updated every step of the way.

Solution:

A £250K unsecured, PG backed, 3-month VAT loan was funded via our own book funds. Application to pay out in 4 days.