Add an extra 27% to your development funding the easy way

Add an extra 27% to your development funding the easy way

Leveraging your tax receivables can give you an extra 27% buying power!

If you are in the process of creating your funding stack for an upcoming project, working through your acquisition costs, material costs, sub-contract costs, draw down dates and contingency fund then did you know you can give yourself an extra potential 27% liquidity and buying power? This is done by using Adsum's VAT calculation, submission and instant advance facility throughout the period of the build.

Most developers will get a facility from a high street bank or a specialist finance provider, which when costs go up, and cash flow gets tight can threaten the whole viability of the project.

Adsum's VAT Facility is a product that sits along side senior development finance, to give full HMRC compliance and instant liquidity.

This is how it works, for a project with a build cost of circa £1m, approx 20% will be charged VAT on and therefore able to reclaim. So instead of waiting for that cash (£200,000) to come back from HMRC, you get it on the day of submission instead. What could you do with that cash on day one instead of day ninety? Order more materials? Pay professional fees? Accelerate you build program so you can get to the next drawdown quicker - saving you more interest?

Our clients that have been using our services report back that over a quarter, their buying power has been increased by 27% which has given them an opportunity to turbo charge their projects.

If you would like to find our more and how we can assist with a full range of VAT services, including advancing, submission and invoice verification using the latest technology, please just reach out.


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