Quarterly Finance Facility Renewal for Existing Customer

Opportunity:

This law firm was seeking renewal of their quarterly finance facility to fund their upcoming quarterly VAT payment.

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