CONTACT US

6 THE CENTRE,

COLCHESTER BUSINESS PARK,

COLCHESTER,

ESSEX

CO4 9QQ

© BRIDGING VAT LIMITED 2018

ICO REGISTRATION ZA464702

A FULLY MANAGED FUNDING SOLUTION

VAT BRIDGING LOANS

MADE SIMPLE

  • Loans from £50,000 to £10 million

  • No maximum LTV%

  • Loans to SPV's and SIPPs

  • Same day illustrations

  • Completions in as little as 5 working days

  • 90 day standard loan term

  • Option to re-finance VAT paid on recently completed transactions

  • Full managed VAT recovery typically received within 45 days

HOW IT WORKS

Our Loan Process

1.ILLUSTRATION

Our process starts with a telephone conversation with the Borrower, or their broker, and within 1 hour Bridging Vat will have issued a VAT loan illustration clearly showing the full cost of the loan and a "What Happens Next" Guide explaining the loan process.

2.OFFER LETTER

An Offer Letter is our acceptance in principle that Bridging Vat will advance a loan. The Offer Letter provides a clear indication of the cost of the loan and the information needed for Due Diligence.

3.DUE DILIGENCE

The Bridging Vat Due Diligence process is simple and streamlined, usually completed within 5 working days.  Loans rarely fail Due Diligence, the process confirms information gathered during the initial telephone call.

5.COMPLETION

At Bridging Vat we aim to make completion stress free and with no surprises. Funds are provided to the borrower's solicitor, on the day before completion held to order subject to completion of the borrower's purchase.

4.LOAN DOCUMENTS

Bridging Vat  use standard loan documents, issued by our solicitors to the Borrower's solicitor with completion instructions. Our solicitors will agree an Intercreditor deed if required.

6.VAT RECOVERY

Following completion our focus switches to recovering the VAT as quickly as possible. As VAT agent Bridging Vat can submit the borrower's VAT return and discuss the recovery directly with HMRC.

WHAT OUR CLIENTS' SAY

“Bridging Vat provide a fast, responsive service, both before completion and afterwards in the recovery of the VAT. I would not hesitate in working with Bridging Vat again.”

Nigel Griffin - Managing Director

Waterfields Hotel

CASE STUDIES

ESSEX

Net Advance £500k

For Property Developer

COMPLETED JAN 19

Advancing 100% of the VAT due on the purchase of bare land for residential development.

BIRMINGHAM

Net Advance £600k

For Property Developer

COMPLETED JAN 19

Advancing 100% of the VAT due on the purchase of a commercial building with permission to demolish and rebuild 68 one and two bedroom apartments and 2 commercial units.

LONDON

Net Advance £2.0m

For Property Developer

COMPLETED NOV 18

Advancing 100% of VAT due on the purchase of commercial building with permission to demolish and redevelop new commercial property.

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