VAT bridging loans for pubs
Success stories: VAT bridging loans on pub acquisitions
Pub and restaurant VAT bridging loans
Whether you’re planning to return it to its former glory or are seeking a new development opportunity, pubs can often represent high quality real estate investments.
However, having to make a VAT payment that could run into seven figures can create a cash flow nightmare or even jeopardise a deal entirely.
Our VAT bridging loans can help you mitigate this cost and enable you to focus your funds on where you need them most.
We are well-versed at providing fast VAT bridging loans on pub purchases, check out this selection of success stories from over recent years.
Oxfordshire pub loan, £182,000
In July 2024, BloomSmith delivered a 90-day bridging loan within five working days of the borrower’s initial application, with the client receiving £182,000 of funding.
On the deal, purchaser Imran Lokhon, founder of LOKHON Group, said: “The loan was provided quickly by the BloomSmith team, and they delivered a truly professional service throughout.
“The efficiency of this funding has helped assist our pursuit of an exciting growth opportunity.”
This property will now be turned into a new housing development for the area.
Read more: full case study
Ewell, Surrey VAT bridging loan, £1m+
In April 2024, BloomSmith provided a VAT bridging loan in excess of £1m against a pub site acquisition by Morrison Community Care Group.
The site is to become a care home serving the local area, with the 90-day loan meaning the company could avoid the cash flow challenges that this seven-figure VAT payment represented during the initial development stages.
Read the full case study.
£510,000 VAT bridging loan in Essex
In 2023, BloomSmith worked in collaboration with BRYCG A Ltd to deliver a £510,000 VAT bridging loan against a pub acquisition in Ilford, Essex.
This 90-day loan was quickly provided for the £2,550,000 purchase, with the loan being repaid by HMRC in March of that year.
£250,000 loan Portishead, Somerset
In 2022, BloomSmith delivered a £250,000 VAT bridging loan against a bar and restaurant purchase in Somerset.
The 90-day loan enabled the smooth acquisition of a £1,250,000 property by helping the company avoid sending a substantial six-figure sum to HMRC – reducing opportunity costs and any cash flow risks that this may have created.
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 your pub acquisition’s VAT 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.
