We were buying the pub and hotel from Enterprise Inns . With the short term VAT to pay on the purchase and SDLT as well we welcomed BloomSmith’s involvement in our transaction. They helped us structure the deal, the legals were simple and the senior lender was happy as they required no legal charge. There are no other lenders in the market who will work with you at 120 % LTV like this.

Ready to hand cash flow ensures the next deal and the next profit. BloomSmith's funding of our VAT leaves us free to get on and do what we do best: trade property.

We had been due to fit out our new vacant building in SW London as soon as we completed but the VAT cashflow meant we were forced to delay this until the VAT returned several months later. This delayed occupation meant we had to continue paying rent, rates and service charges on the existing premises as well as the costs and mortgage charges on the new building that was left standing empty.

Our company trades property. The money locked up with HMRC could have been the key to our next deal. Having recently completed on a property worth up to £1.5million the VAT bill of £300,000 meant we lost out on an auction bid.

The most reliable VAT lender in the market.