Let our tax bill finance protect your cashflow

Whether it’s a VAT bill, Corporation Tax or some other major cost, our loan can provide funds of up to £150k.

Bridging loans for UK SMEs

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For any purpose

Flexible, controllable funding, tailored to your specific needs.

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Competitive rates and charges, with no hidden costs.

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Your application is processed promptly, rigorously and securely.

What is finance for your tax or VAT bill?

Tax bills can present a real challenge to businesses, even those that plan ahead. VAT and other tax bills can come in higher than expected, putting pressure on cashflow.

Even when the tax bill amount isn’t a surprise, there may not be enough working capital available to pay it. However, it’s important to pay a tax bill on time to avoid HMRC late payment penalties, which are significant.

This is why businesses take out tax bill loans, to provide the capital needed to meet all their obligations. Loans for VAT and other tax bills help to spread the cost over time, helping firms to stay in control of cashflow.

Short term bridging loans in the UK

What is finance for your tax or VAT bill?

Tax bills can present a real challenge to businesses, even those that plan ahead. VAT and other tax bills can come in higher than expected, putting pressure on cashflow.

Even when the tax bill amount isn’t a surprise, there may not be enough working capital available to pay it. However, it’s important to pay a tax bill on time to avoid HMRC late payment penalties, which are significant.

This is why businesses take out tax bill loans, to provide the capital needed to meet all their obligations. Loans for VAT and other tax bills help to spread the cost over time, helping firms to stay in control of cashflow.

How can a Spotcap loan assist with paying my tax bill?

Paying a tax bill usually requires you to have access to a substantial level of working capital. A Spotcap loan can provide that capital at a time when it’s not available within the business. Our loan helps you to spread the tax bill burden.

Many tax bill loan providers require security before releasing funds. Spotcap doesn’t, because of our unique approach to assessing the financial condition of your business.

We use a proprietary credit analysis algorithm, overseen by our underwriting experts, to give us an assessment of your business based on recent performance. From this, we can approve a flexible, unsecured business loan.

How can a Spotcap loan meet your need for tax bill finance?

When you’re faced with a VAT or Corporation Tax bill, benefit from our unique and versatile approach to business finance. Use funds from us to:

  • Settle a quarterly VAT bill

    While it may be predictable, paying your quarterly VAT bill can still put a strain on your bank balance, particularly if your business is seasonal. A Spotcap loan allows you to pay off HMRC on time and avoid penalties.

  • Smooth your cashflow over the year

    VAT isn’t the only tax that can give you a short-term problem. When cashflow is tight, a loan can help you cover your payroll and make PAYE payments.

  • Pay off tax bill arrears

    Taking out a business loan can help you recover from tax arrears, allowing you to settle your overdue HMRC bill as soon as possible.

  • Pay your Corporation Tax bill

    Paying off your Corporation Tax liability monthly can be a big help in maintaining a positive cash flow. You can use a Spotcap business loan to achieve this.

Tax bill loans - what you need to know

Our business loans help firms to overcome a wide range of short-term finance issues

Loan amount

Depending on your circumstances, you could qualify for a business loan of between £10k and £150k.

Loan terms

Our loans begin as a line of credit. Draw down only what you require and then repay, usually over 7 to 15 months.

Criteria to qualify

Your business needs to have been trading in the UK for at least 24 months, have a UK business bank account, and a turnover of at least £250k.

Interest rates

Our interest rates to you depend on market conditions and the recent performance of your business. Use our business loan calculator to estimate the interest rate and monthly repayments.

Business loan repayment calculator

  • Amount
    £ 100,000
  • Time
    12 months

£9,340

Monthly Repayment

For illustrative purposes only. The example shown above is based on 1.5% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is , which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

£13,752

  • Amount
    £ 150,000
  • Time
    12 months
For illustrative purposes only. The example shown above is based on 1.5% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is , which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for your VAT bill loan

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Sign up

Initiate our online application by giving us some basic personal and business information.

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Complete the application

Upload your bank statements and financial reports to complete the process. An alternative is to link your accounting system.

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Get approval

Having been approved, access to your business loan is within one working day.