Stand Number: I23
Contact Name: Peter Bloom
Bloomsmith is a unique, specialist VAT loan provider focused exclusively on the UK real estate market. It lends unsecured without the requirement of a charge on the property and with its fast -track service can meet VAT obligations within five days. It offers brokers introductory fees and prides itself on its reputation with both owner occupiers and investor/developers.
We manage the entire VAT registration and repayment process with HMRC on behalf of your client.
We do not need any security over the property but personal guarantees are required from the SPV’s director(s), which fall away as soon as HMRC provides the full refund.
Sectors: Bridging Finance