Office space VAT bridging loans
Success stories: VAT bridging loans for office purchases
Office space VAT bridging loans
BloomSmith offers VAT bridging loans for office spaces across the UK, explore some of our success stories here.
The office space is at the heart of Britain’s economy, with office demand rebounding significantly as businesses shift away from the pandemic’s ‘work from home’ culture.
BloomSmith has delivered VAT bridging loans on numerous office acquisitions across the years, helping purchasers manage their short-term cash flow during the crucial early stages of the acquisition process.
We have delivered nearly £6.5m of VAT funding for office acquisitions over the past three years, find some of our biggest case studies below.
Buckinghamshire office property - £1.8m
In May 2024, BloomSmith provided a £1,800,000 VAT bridging loan for the purchase of a large industrial property in Buckinghamshire, which transacted for £9,000,000.
The acquisition was facilitated through a partnership with Manchester-based brokerage firm GDP Funding.
GDP Funding’s director, Paul Wilcox, said: “The BloomSmith team has worked diligently and professionally throughout the process, and we would like to thank them for their support during this acquisition.”
Read the full case study here.
Leeds office property VAT loan - £1.04m
In February 2024, BloomSmith provided a £1,040,000 VAT bridging loan for a property acquisition in Leeds by Bricks Group.
The £5.2 million purchase highlights Bricks Group’s ability to grow its operations despite a challenging property market, with the partnership exemplifying how BloomSmith can support continued development and investment.
Bricks Group founder Peter Prickett said: “We would like to thank BloomSmith for their role in supporting the acquisition. This is the second time we have worked together to fund the VAT of a purchase and we look forward to working with them again in the future.”
Read the full case study here.
Crawley office centre - £1m VAT bridging loan
In October 2022, BloomSmith helped Westrock Capital complete a £1,000,000 VAT bridging loan to support an office building purchase in Crawley.
Read more here.
£497,000 VAT bridging loan in Windsor
BloomSmith provided a £497,000 VAT bridging loan in 2024 to support the £2,485,000 purchase of two commercial units in Windsor.
The 120-day loan agreement allowed the facility fee to be repaid in four monthly instalments.
Speaking on securing a VAT loan for the property purchase, Sam Bramhall-Allan of Transparent Specialist Finance said: “We are grateful to BloomSmith for their role in supporting this acquisition. They have been meticulous in their support, and we look forward to collaborating with them again in the future.”
Get the full story here.
Angel, London - £430,000 VAT bridging loan
In 2023, BloomSmith delivered a VAT bridging loan for an office unit in Angel, North London.
The £430,000 loan was against a £2,150,000 purchase enabled the purchaser to avoid a vast sum of cash being held by HMRC while their return was processed.
About our VAT bridging loan
We are the UK’s leading unsecured VAT bridging loan specialist. Our VAT bridging loans are designed to assist property developers, investors, and businesses manage the significant upfront VAT costs associated with commercial property purchases.
Get funded within 48 hours of contract completion.
Indicative terms for our standard loans: 90-day term, 1.25% monthly interest rate, repaid by HMRC directly to BloomSmith.
If you would like to learn more about our VAT bridging loans, and how they might help your upcoming office purchase then you can speak to our team today, check your eligibility, or explore more below.
