VAT Bridging
Crown & Bentley Commercial Finance supports cash flow requirements against agreed VAT returns for the following purposes:
- Where a property purchase (Commercial or Land) has a VAT obligation
- Vatable acquisitions of large fixed assets – i.e. plant or machinery
This product is unregulated.
Overview
Max Loan Size
£500,000
Min Loan Size
£50,000
NET requirement lend
up to 100%
Max Term
4 Months
Arrangement Fee
2%
Current Monthly Interest Rate
1.5% per month
Product Features
Interest servicing or retention options. We work with the customer to provide the most flexible solution
No exit or early repayment penalties*
No hidden costs or other fees
No property security requirement.
Accountants undertaking required for redemption of loan from VAT refund.
100% Personal Guarantees required
*30-day notice period required on all redemptions