VAT loans Rise Funding

VAT loans

VAT loans are a type of business funding used to pay VAT bills and reduce the impact of costly late payment fines.

VAT loans Rise Funding

There are a few specialist lenders who provide loans specifically to cover tax bills, such as VAT or corporation & income tax. These loans are a form of cashflow funding designed to help spread the cost of a tax bill.

Lenders usually ask to see your tax bill and pay the outstanding balance directly to HMRC. In most they’re unsecured with a 3 to 12-month term and as such can cost more than other types of finance.  But they can be a good option if you want to hold onto your capital to invest into growth or smooth your cashflow to a more manageable state.

Which is best? Get in touch to discuss which option is best for your business.