ABOUT US
Bridging Vat are a specialist lender advancing short terms loans for the VAT due on commercial property purchases.
Managed by qualified accountants and debt advisory professionals with an in depth knowledge of the UK property sector, we are able to provide a unique level of expertise in both the funding and recovery of VAT.
Since inception, Bridging Vat have developed a turnkey finance solution for property developers, providing the funding of the VAT requirement and pro-active management of the recovery with HMRC; this solution provides a hands-off service for our clients, allowing them to retain capital and liquidity throughout the purchase process.
As a principal lender, Bridging Vat are able to respond quickly to client’s needs with in-house underwriting and decision making. Funds can be advanced in line with time critical completion schedules.
EXECUTIVE TEAM
Alan qualified as an accountant with Price Waterhouse in London. Over 30 years he has held directorships in the financial services sector where his roles have included finance, operations, business development, strategy and mergers & acquisitions. In 2006 he led a successful management buy-in of specialist insurance provider. Since 2017 Alan has been focused on developing a VAT funding product for commercial property purchases. He is recognised as an expert in this area and is regularly asked to comment in the specialist financial press.
As a co-founder of Bridging Vat, Alan focuses on all aspects of the business including funding, loan origination, execution and VAT recovery.
+44 (0)7711 469969 - alansmith@bridgingvat.com
Ben has over 20 years’ experience in structured finance. He began his career at SBC Warburg, initially working on the futures exchange he then moved across into the asset finance division. In 2004 he established his own debt advisory business, whilst predominately focusing on real estate debt he has also structured facilities in the energy and healthcare sectors.
As a co-founder and director of Bridging Vat, Ben is responsible for establishing relationships with senior debt providers and specialist intermediaries as well taking an active role in the company’s marketing activities.
+44 (0)7771 835502 - benfunnell@bridgingvat.com
CASE STUDIES
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.
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.
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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