The flexibility of a VAT loan takes the pressure off cash reserves, allowing you to retain working capital to invest in other important business areas. As an alternative funding line, it smooths cash flow peaks and troughs without using up existing funds.
Key features
Funding for up to 100% of the VAT bill due to HMRC
Maximum 5 month term or until the next rebate is due
Only available in conjunction with a new Cambridge & Counties Bank commercial loan*
*A VAT loan is not available for commercial bridging and commercial refurbishment loans.
Lending criteria
VAT loan - Funding up to 100% of the VAT bill due to HMRC
Commercial loan up to 70% LTV of the open market value, plus an additional
linked VAT loan up to 20%, providing a combined maximum 90% LTV inclusive of all fees
Maximum term is 5 months from the date of draw down or until the next rebate is due
Confirmation of the amount recoverable and date due from the borrower’s accountant
Confirmation that the property purchase is VAT inclusive from the Bank’s Solicitors
Only available for VAT registered businesses taking out a new Cambridge & Counties Bank commercial loan*
The commercial property purchase is subject to our commercial loan criteria
Available in England, Scotland or Wales
*A VAT loan is not available for commercial bridging and commercial refurbishment loans.
Our funding solutions
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