One problem almost all exporters face is cashflow – and the problem is most acute for people new to exporting, or businesses looking to grow by means of increased export sales. Asset Finance UK can help you overcome these problems by arranging short and medium-term finance that won’t affect your existing credit lines.
When you need to offer credit to win customers and cash to finance growth, get in touch with us and we’ll explain the options open to you and how our finance packages can be tailored to suit your own exporting scenario.
- Solve the cashflow problems frequently encountered when exporting
- Ideal for expanding businesses seeking growth through export sales
- Special finance to help with VAT liabilities when exporting
We can arrange VAT finance facilities to help exporters fund VAT situations where the UK seller has to pay VAT on purchases, but will be exporting the goods VAT free.
Problems caused by substantial VAT liabilities can arise where the customer is happy to pay for goods in advance or on delivery but will not (and doesn’t have to) pay the VAT on the transaction. It can take months to recover the VAT from HM Revenue and Customs, and even though the money is due to you and it’s guaranteed to arrive, it doesn’t help you pay your bills in the meantime.
As the VAT is recoverable, the VAT Finance we arrange is recovered from HM Revenue & Customs and used to replay the loan.