In today’s challenging economic climate, businesses must manage cash flow with greater precision. Tax obligations and VAT payments can significantly drain capital, posing a considerable challenge for many firms.
At NGI Finance, we recognise these challenges and continuously explore options to ease cash flow and assist with the cost of tax bills. One effective strategy is the prudent use of credit.
By spreading tax invoicing over time through an instalment solution, businesses can avoid sudden cash flow crunches and maintain operational stability. This approach allows companies to better plan and budget for their broader financial obligations, while also avoiding the risk of late or missed payments and the associated penalties from HMRC.
Key features at a glance:
- Flexible Financing – Tax bills can be financed from £10k to £15m, accommodating businesses of various sizes.
- Convenient Repayment Options – Monthly repayment terms are available for 6, 10, or 12 months, with a VAT option of 3 months to align with your next VAT payment.
- Direct Payments to HMRC – Payments can be made directly to HMRC by the lender, or reimbursement is available if you have already paid your bill.
- No Personal Guarantees – Up to £150k with no personal guarantees required.
- Unsecured Funding – All funding is unsecured, simplifying the process.
- Simple Process – A straightforward, easy-to-understand process.
- Revolving Credit Agreement – Ensures smoother renewals, creating a recurring revenue model for brokers.
- Competitive Pricing – Offering attractive pricing options.
Despite difficult trading conditions for many businesses, we provide a practical way to spread the cost of your tax bills without impacting your credit file. Let NGI Finance help you manage your financial obligations more effectively.
To find out more please call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.
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