VAT Loan for an Existing Client

Opportunity:

This law firm was seeking funding to spread their upcoming quarterly VAT payment due to HMRC.

Approach:

A flexible solution was required to help ease cash-flow burden impacted by the lengthy timescales for cases to complete and fees to be received.

Solution:

A VAT loan with three fixed monthly repayments was sourced, smoothing out the lumpy payment and easing the cash flow burden.