VAT Loan to Help Fund a VAT Deposit

Opportunity:

Funding was required to spread the VAT deposit on the hire purchase of a fleet of vehicles.

Approach:

Sourcing a loan to bridge the cash-flow gap between making the VAT deposit payment and reclaiming via their next HMRC return.

Solution:

VAT loan with fixed monthly repayments helping to ease cash-flow by smoothing out the lumpy payment.