Preserve working capital
Avoid using a large proportion of available cash for a single tax payment.
Key details to help you understand this finance option at a glance.
A straightforward, supportive process from initial discussion to completion.
We take time to understand your business, your goals and your finance requirements.
We assess your requirements and explore suitable finance options from available lenders.
We support you through the application process and liaise with the lender as required.
Once the finance is approved and completed, you can move forward with your business plans.
Straightforward support to help you explore suitable business finance options for your circumstances.
We help you explore finance options based on your business requirements and circumstances.
We take time to understand your business, objectives and funding requirements before exploring suitable options.
Finance requirements vary from business to business, so we focus on options relevant to your individual circumstances.
We explain the available options and process clearly, helping you make an informed decision.
We support you through the application process and liaise with the finance provider where required.
Whether you are investing, replacing equipment or managing cash flow, we focus on finance options aligned with your business objectives.
No. It is a finance facility used to fund the liability. The amount of tax owed to HMRC is not reduced by taking finance.
The payment process depends on the lender and facility. The arrangements should be confirmed before completion.
It is sensible to consider funding before the HMRC deadline so there is sufficient time for underwriting and completion.
Availability depends on the tax liability, business affordability, financial position and lender criteria.
Explore other finance options that may also be relevant to your business requirements.
Speak with Somerset Financial about your requirements and explore finance options that may be suitable for your business.