Mechanical and Electrical Engineering Consultancy Business Receives VAT Funding to Help With Large Bill

Caitlin Davis • May 1, 2020

The Client. 

The client was a mechanical and electrical engineering consultancy business, trading for 26 years in the south-east. They came to TML looking for assistance with a large VAT payment. They were introduced to us by someone with a good relationship with us. 

The Requirement. 

The client required funding for a VAT bill. They required a quick turnaround to meet the payment deadline, and to spread the payment over a few months rather than one big payment. 

The Solution. 

TML managed to secure VAT funding of £200,000 for the client, in a notably fast turnaround time of 5 days. A repayment plan of 3 months was set. 

The Benefit. 

Achieving this loan allowed the client to prevent a huge dent in their cash flow, enabling them to continue to maintain their business. 

The extremely fast turnaround time ensured they could meet their VAT deadline with ease and with peace of mind. The 3 month repayment period gives them the flexibility to payback in manageable instalments. 

They remain an ongoing client of TML, and we are very glad that we could help them meet their goals.


TML offers a range of personalisable bespoke finance solutions for your business. To find out more, contact a member of the team today - we recommend booking a call.