Historically, unsecured business loans could be used to help pay tax bills, but only over a 12-month period. Naturally, this has meant that repayment has had to be made relatively quickly and monthly outgoings have been high.
Recent changes in these terms means that now borrowing can take place over a 60-month period, enabling businesses to spread out their debts and free up cashflow for the day to day running of the business.
For help please call the team on 01993 706403.