BloomSmith has successfully completed a series of VAT bridging loans across four business units in Southall, in partnership with Finance Hub.

Over £2.5 million of VAT bridging loans were provided against a total combined unit value of £12.7 million, demonstrating the scale and efficiency with which BloomSmith can deploy its unique funding model.

On the completion, BloomSmith CEO, Nigel Smith commented: “This series of completions is a strong example of what sets BloomSmith apart.

“VAT bridging is a niche but vital product and being able to simultaneously execute across multiple units, without a fixed legal charge, reflects the strength of our lending proposition.

“We are delighted to have worked alongside Finance Hub on these transactions and want to congratulate their team on the professionalism they brought to each completion.”

Khurram Saeed of Finance Hub added: “Our clients trust us to find solutions that others cannot, and our relationship with BloomSmith allows us to do just that.

“Thank you to the BloomSmith team for their collaborative approach, we look forward to continuing to bring these opportunities to our clients in the future.”

You can also see if you qualify for a loan via our VAT Bridging Loan Eligibility Checker.