HMRC Financing
HMRC payments can put considerable pressure on cashflow. Spread the cost of tax liabilities and keep your business cashflow running smoothly.
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We identify lenders likely to approve based on your business and HMRC liability.
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You review your options and proceed with the most suitable offer.
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Repay over an agreed term, avoiding penalties and easing cashflow pressure.
Don't let HMRC stress hold you back - speak to NorthFunding today on how to get the support you need.
VAT & Corporation Tax Loans
Whether it's VAT bills, Corporation Tax or Self Assessment Tax, payments to HMRC can drain working capital. Get a loan specifically to help spread payments to HMRC, and smooth out the peaks and troughs for cashflow in your business. They are quick to set up and can boost cashflow immediately, so are good to consider alongside short term unsecured loans and
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Typical funding amounts?
£5,000 - £10,000,000, often paid directly to HMRC.
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Repayments & Fees?
​Repayments for VAT lending is capped at 3 months, but Corporation Tax and Self-Assessment borrowing terms can be up to 12 months
Fees are competitive when comparing against unsecured short term loans, and in some cases, can be cheaper.
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Eligibility & Security?
​Lenders are looking for your your ability to successfully repay the loan via affordability and reasonable credit history.
Directors guarantees are sometimes required.
