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Your Product Fix: Tax Loans

VAT:

Minimum loan value: £20,000

Maximum term: 3 months

Rates from: 2% per month

Corporate Tax & Professional Indemnity Insurance:

Minimum loan value: £10,000

Maximum term: 12 months

Rates from: 1.2% per month

Rates quoted are for businesses established 3 years or more

For businesses trading for fewer than 3 years please contact us on 01482 223311

Benefits:

• Controls cash flow

• Enables your business to retain working capital for other important business activities

• Smooths cash flow peaks and troughs, especially for those businesses that operate via WIP (Work In Progress).

Who can take advantage of this product?

All businesses including incorporated businesses and partnerships.

What is needed to assess the risk:

• Copy of VAT or tax bill

• Last 3 months bank statements

• Copy of most recently filed accounts

• Personal guarantee from director/partners

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