Tax Funding for SMEs

Key benefits:

  • Spread the cost of your bill over 6 or 12 months
  • Competitive rates
  • Maintain your banking lines and working capital

What's taxing you this winter?

There are times when every business will feel the pinch of an upcoming tax bill. Wesleyan Bank's finance solutions can help to make the inevitable more manageable. 

Corporation tax can put a strain on a business' cash flow. Late payments from customers can result in a lack of cash available to cover the cost of short-term liabilities.

The benefit of predictable monthly outgoings, even when you have the cash available, can help to cover the cost of short-term bills and balance out the peaks and troughs of your ongoing cash position which can be a prudent and sensible option for any business.

Paying for your tax bill upfront can tie up your banking lines and mean that you are lacking working capital in other important areas of the business. If you want to maintain working capital and protect cash flow, you can choose to spread the cost of your tax liability over 6 or 12 months with an unsecured loan from Wesleyan Bank.

Speak to our dedicated team of account managers to find out how we could help your business spread the cost of short term bills like Corporation Tax.

Wesleyan Bank acts as a broker and a lender.

Written quotations are available on request from Wesleyan Bank Ltd. Credit facilities are subject to status and only available to UK residents over the age of 18. Wesleyan Bank Ltd reserves the right to decline any application.

Depending on the circumstances and where required by law, loans will be regulated by the Financial Conduct Authority and the Consumer Credit Act.

Complimentary solutions for SMEs
VAT funding

VAT funding

Tailored VAT spread payment options over 3 - 12 months for small and medium-sized businesses.
Equipment Finance

Equipment Finance

For businesses looking to purchase new equipment or lease it, we can help you with our Asset Finance solutions.

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

Click for more information about the Wesleyan group of companies.

© 2020 Wesleyan Assurance Society