VAT Funding
Synergy Professions has developed an exclusive funding line for solicitors aimed at satisfying the growing demand for VAT finance.
If like many other practices your cash flow is strained every quarter with the outflow of VAT you could take advantage of our VAT loan facility and release some very important capital.
This is open to practices with 2 or more equity Partners/Directors with a minimum net profit of £50K per Partner.
Synergy Professions will arrange to finance your VAT liability over 3 month rolling periods, releasing your funds for working capital or any other Practice needs.
To access this VAT funding all we need to know is:
- Your VAT liability amount this quarter (copy of VAT return)
- Last 2 years accounts
- Up to date Management Accounts
- 3 Months Bank statements
- Partner/Director names (these are credit searched to confirm status)
- Personal Guarantee availability, if a Limited company or LLP with less than 6 equity Directors
Applying for this VAT loan is simple and fast, it takes less than 2 weeks to get the finance in place for your business, enabling you to make better use of your working capital.
For further information please call the team on 0845 124 9624 or email us at enquiries@synergyprofessions.com
