BloomSmith is a specialist VAT/SDLT lender providing short term funding for property and land acquisitions.
A BloomSmith VAT loan enables the business to raise short term finance to cover up to 100% of the VAT due on the purchase of land or commercial property. This enables the deal to complete and the business to retain equity.
Unlike other VAT Lenders, BloomSmith are able to fund without the need for a legal charge and all the time/costs associated with that in terms of Property DD or agreeing Deeds of Priority between lenders.
They offer fast, simple, effective funding solutions for investors, developers, brokers, commercial estate agents, accountants, lawyers and insolvency practitioners.
The BloomSmith structure and collaboration with HMRC enables swift repayment of the loan.
Interested to understand how Practice Portfolio could benefit you and your clients?
How It Works
Loans provided by BloomSmith are unsecured so that have no material impact on mortgage debt or security.
Borrower provides
Next, BloomSmith will
Interested to understand how Practice Portfolio could benefit you and your clients?