VAT Loan to Spread Upcoming Quarterly VAT Payment

Opportunity:

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

Approach:

A flexible solution required to help ease cash-flow burden impacted by the payment terms they have for some of the employers they work with.

Solution:

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