The Client. 

A family-owned mobile home business in the north of England came to TML at the end of September after being recommended to us by one of our existing clients. They had been trading for over 50 years and needed to fund a Corporation Tax bill. 

The Requirement. 

The client needed to fund a Corporation Tax bill of £140,000. With a fixed deadline, these bills can make a large dent in cash flow, particularly for SMEs. Therefore, the client needed a Corporation Tax loan to provide additional flexibility, but also needed a quick turnaround to meet the set deadline. 

The Solution.

TML funded the Corporation Tax bill with a turnaround of 13 days, enabling the client to meet their tax deadline without stress. The full amount was achieved, so the client’s cash flow was protected. 

The Benefit. 

Receiving a Corporation Tax loan from TML enabled this SME to have uninterrupted cash flow so they can protect their business and keep it running without compromise. 

Additionally, the flexibility provided by our Corporation Tax loan allows the client to essentially spread their tax bill from 6 to 12 months, with fixed monthly or quarterly payments permitting them to pay the tax bill in smaller installments which suit them. 

Therefore, they can focus on their business and keep it healthy, whilst also meeting all required bills. 

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