VAT loans are simply loans to cover the VAT element of mainly commercial property purchases, where the seller has opted to charge VAT in addition to the purchase price. The VAT loan comes in handy where the buyer does not have the funds to cover the VAT element of the purchase.
We have lenders who will lend on the VAT element of the commercial property being purchased. Some vendors may choose to charge VAT on the commercial property and can be an added surprising cost for buyers who mostly are none the wiser until the legal documents are issued. Giles Finance has the facility for a VAT loan for commercial purchases only through our separate specialist VAT panel lenders who will lend up to 95% of the VAT element of the purchase.
Call us on 0208 088 22 11 to take advantage of this specialist VAT loan facility.