VAT Funding Processs

What are VAT/Tax Returns and how do they work? 

As a business, you are required to submit a VAT return to HM Revenue and Customs every 3 months, even if you have no VAT to pay or claim. 

Businesses who owe VAT to HMRC can choose to fund the bill once or twice a year, or alternatively, the most common method is to finance each new quart VAT return throughout the year. 


What is a VAT loan or VAT Funding? 

Paying VAT is not always a viable option for some businesses whose cash flow and capital can be limited to pay quarterly bills. This can be a disconcerting feeling for a vast amount of individuals, knowing that they owe a government organisation money. Forfeiting on the payment or being late is non-advisable and will most likely render strict enforcement actions by HMRC themselves.

This is where VAT is beneficial, to safeguard businesses from defaulting on payments and potentially ruining their businesses. 

VAT loans are thus a type of business funding used to pay VAT bills and reduce the impact of costly late payment fines. Using finance can spread the cost of a VAT bill and improve company cash flow, which in turn can allow for increased competitiveness, growth and expansion within a business. 

At JPM capital, we offer short-term business loans (secured or unsecured) which effectively turns a quarterly VAT payment in advance, into a monthly payment in arrears. This is a cash protection facility, which allows businesses to focus on building their business – without worrying every 3 months about how to manage the impending VAT payment. 


How do I apply for VAT funding

At JPM capital we understand that the fast-paced nature of the corporate world relies on a quick and convenient solution. This is why our process for receiving VAT funding is simple and easy to complete. We do not require a detailed business plan nor do you need to make a formal appointment to secure your business VAT funding. The process is quick and simple, summarised in 3 steps: 

Step 1: Apply for our VAT funding loans in minutes by filling out are online forms, available here (link). 

After receiving your online application, we will ask you to upload some documents that we will need to review. Once this has been completed, our team will call you to discuss the next stages of the funding process. 

Step 2: Our specialist VAT funding facility when they call you up to discuss your application 

Step 3: You will receive a decision within 24 hours once the documentation has been submitted.

For further insight into JPM Capitals VAT funding solutions, visit our VAT funding page or call our friendly team today!

Paul McPherson


Submit a Comment

Your email address will not be published. Required fields are marked *

Related Posts

Frequently Asked VAT Loan Questions

Frequently Asked VAT Loan Questions

Q: What is a VAT loan / VAT Funding? A: All VAT registered businesses pay a quarterly VAT payment to HMRC. This can be burdensome and a strain on cash-flow. Having chunky quarterly payments going out is also a-typical to normal business cash-flow which runs month to...

The Problems with VAT Payments

The Problems with VAT Payments

Problems with VAT Payments for Businesses… What happens if I don’t pay my VAT?  There are a number of problems with VAT payments for businesses. This is because failure to submit VAT payments by a business is not taken lightly and will have a direct financial...

COVID-19 and VAT Funding

COVID-19 and VAT Funding

COVID-19 and the effects on VAT Funding The global pandemic has caused major social and economic disruptions. As such, the government has announced a large and wide-ranging package of financial measures to try and cushion the effects on both people and businesses at...

Let’s Work Together

In hac habitasse platea dictumst. Vivamus adipiscing fermentum quam volutpat aliquam. Integer et elit eget elit facilisis tristique.

To discuss funding today please fill out our get a quote form
– OR –
Call 01244 207276

    • Please click on Flag