We were approached by a supplier of specialist roofing tools and accessories in North Yorkshire, who had been trading for almost 30 years. They needed to pay an upcoming VAT bill, so came to TML after being recommended to us by an existing client of ours.

The Requirement. 

 

The client needed to spread the cost of a VAT quarter over three months, so came to us looking for a VAT bill loan. They applied within the first 2 weeks of the month their payment was due, so a quick turnaround was required to ensure that the loan was completed before the close of the month. 

 

The Solution. 

 

TML managed to achieve a VAT loan of £56,000 for the client. We were intent on delivering on the tight time scale they required and delivered the loan 13 days after their application. A 3 month payback period was set to allow the client improved flexibility with their cash flow. 

 

The Benefits. 

 

Receiving this loan from TML enabled the client to focus their finances where it matters, rather than suffering from inconvenient cash flow interruption. 

 

The quick turnaround ensured that that they could meet their VAT obligations without stress or hassle, providing them with invaluable peace of mind. 

 

The 3 month payback period provides them with the ability to maintain their usual business and continue their growth without feeling the pressure of a large dent in their finances. 

 

They continue to be an ongoing client with TML, and we are very pleased that we could achieve such a satisfactory outcome for them. 

 

 

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.