BloomSmith has announced a strategic partnership with the renowned international accounting and tax experts EFF.

This collaboration will redefine how EFF’s clients undertake commercial property acquisition in the UK, providing unparalleled support for businesses aiming to expand their operations within the country.

The partnership will focus on facilitating the acquisition of essential assets such as factories and office spaces, by offering bespoke property VAT bridging loans.

Adopting these financial solutions will enable overseas purchasers to boost their in-country leveraging, thereby optimising their investment while mitigating the financial implications of foreign currency exchange.

EFF, with its extensive expertise in international tax accounting and dedicated workforce of over 130 professionals, will bring a wealth of knowledge and insight to this partnership.

Their deep understanding of the intricacies of international finance will ensure that clients receive not only financial support but also guidance that is compliant with global standards.

On the new partnership, BloomSmith CEO Nigel Smith said: “This collaboration with EFF marks a significant milestone for BloomSmith.

“We are committed to providing our clients with solutions that are not only financially viable but also strategically advantageous.

“This relationship with EFF, we are empowering businesses to thrive in the UK market.”

Ian Knapton, EFF’s UK Sales Director said: “We are delighted to be announcing this new strategic partnership with BloomSmith.

“By partnering with the leading commercial property VAT bridging loan provider within the UK, we are bringing an innovative, highly valuable financial solution that will enable our clients to optimise their return on investment as they look to grow into this lucrative market.

“This new service perfectly complements our existing range of products, and we are excited for what the future holds.”