In need of short term funding solutions?
VAT loan facility is available from specialist lenders and doesn’t tend to be a mainstream product offered by a standard high street bank. The good news for businesses is that VAT funding tends to be flexible and offered according to their needs.
Terms and conditions of VAT funding solutions depend on the specific lender, but tend to have these types of features:
- VAT loan amounts of between c. £2,000 and £10 million
- Flexible loan terms, typically between 3 months and 5 years.
- Fixed monthly payments are common, but some lenders may offer staged or variable repayments according to the customer’s business income cycle, with the option to overpay etc. Businesses seeking these kinds of flexible feature are urged to apply for their VAT finance via a specialist finance intermediary such as Hank Zarihs Associates obtain the best chance of securing this type of flexible facility.
- The ability to redeem the loan early, if the client business wishes.
How to apply for a VAT loan?
To apply for a VAT loan, simply contact the team at Hank Zarihs Associates and provide some basic information. We collect only the bare minimum of detail that our lending panel need to submit offers. This process takes just a few minutes and you will receive your loan offers back within the hour.
Once you have chosen your loan, we take care of the administration so that the lender can complete the transaction and release your funds in the shortest possible time.
Throughout the process we provide a superb level of customer service, offering advice and clarity at each stage of the process so that our clients are completely clear on the terms of their VAT loan and appropriate finance products which can help their businesses.
Do I qualify? / Am I eligible?
Individual lenders have their own eligibility criteria, but these tend to be fairly broad and open for business applicants who need a VAT loan. Most will welcome all registered businesses, whether they are sole traders, partnerships or limited companies. Some may require evidence of a certain baseline level of turnover and most will insist that you have been trading for at least a year. Contact Hank Zarihs Associates with your needs and we can establish which VAT finance you are likely to be eligible for, with our swift, hassle-free process.
Want to find out more about VAT funding?
It’s easy to apply for VAT funding with Hank Zarihs Associates. Simply call us on 020 3889 4403, Monday to Friday, from 9 am to 9 pm and one of our team will be delighted to assist. Alternatively, please complete the short enquiry form on our website and one of our team will call you back at a time that best suits you.