£70,000
£16,457 to spread a corporation tax bill and protect project cash.
A construction business that kept its project working capital intact by spreading its corporation tax.
- No obligation discussion
- Whole of market access
- Any broker fee disclosed first
- Amount
- £16,457
- Sector
- Construction project services business
- Structure
- Corporation tax funding
- Outcome
- Completed
The business needed corporation tax funding to spread a statutory liability and protect working capital for its projects. The £16,457 facility completed and project cash stayed where it was needed.
Construction businesses pay for labour and materials long before a project pays them.
This construction project services business wanted funding from a lender that understood that cycle.
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The requirement
The business needed corporation tax funding to spread a statutory liability and protect working capital for its projects.
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The challenge
Construction businesses commit cash to materials and labour before a project pays. A tax bill paid in one go would have come straight out of that.
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The structure
We separated the tax liability from project cash flow and arranged corporation tax funding to spread it.
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The result
The £16,457 facility completed and project cash stayed where it was needed.
I contacted them to apply for a VAT funding loan. Simon responded within half an hour of my request and was able to confirm funding within a 24 hour period. It was the first time I have had to apply for funding owing to a short-term cash flow problem, and he made the journey so easy. Kind and highly efficient: I would highly recommend them for a fast, professional service.
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Questions about this case
How do lenders look at a construction business?
Can a business borrow to pay a VAT or tax bill?
Is this a real transaction?
Do you lend the money yourselves?
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Every case is assessed on its own merits. These pages explain the finance used here and what lenders look at.
Client details are anonymised. Every case is different and past results don't guarantee future outcomes: lenders set their own criteria and all finance is subject to status.
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