
VAT BRIDGING LOANS
MADE SIMPLE
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Loans from £50,000 to £10 million
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No maximum LTV%
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Loans to SPV's and SIPPs
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Same day illustrations
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Completions in as little as 5 working days
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90 day standard loan term
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Option to re-finance VAT paid on recently completed transactions
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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.
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.