VAT funding for Legal Practices

Key benefits of VAT funding:

  • Quarterly VAT spread payment options over 3 - 12 months
  • Competitive rates
  • Maintain cash flow for other areas of your business
  • Get a quote within 48 hours
  • Unsecured loan

Utilise cash flow where you really need it

Helping legal, accountancy and architectural firms spread the cost of their VAT bill.

VAT returns represent a significant outlay for any professional practice and can regularly impact the cash flow of a business. The more successful your practice has been, the higher a VAT bill you can expect to receive. A high expenditure up front can leave you running low on cash for other important areas of your practice.

We offer simple and flexible unsecured loans to spread the cost of your VAT bill and to ensure that your practice has working capital where it needs it most. Spread the cost of your liability over 3-12 months giving predictability and allowing you to smooth peaks and troughs in your cash flow.

As the only endorsedstrategic partner that provides  finance provider to Tthe Law Society of England and Wales' members, you can be assured that we have the expertise and knowledge to support your practice.

Speak to one of our dedicated and knowledgeable account managers today to see how we can help support your practice today and in the future.

This funding is currently only available to existing customers of Wesleyan Bank.

For customers in the legal sector we will also require a personal guarantee.

Wesleyan Bank acts as a broker and a lender.

Where we act as a Broker, loans are provided by a single lender. In these instances, we receive a commission payment calculated as a percentage of the overall loan value from the lender. This commission payment does not impact the final amount that you pay for borrowing.

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.

The Law Society is a professional body whose registered office is situated at 113 Chancery Lane, London, England WC2A 1PL. Telephone: 020 7242 1222, Law Society is an introducer appointed representative of Wesleyan Bank Limited.

Tax Funding

Tax Funding

Paying for your tax bill upfront can tie up your banking lines - Get a quote online to spread the cost of your firm or practice's tax bill.
Asset Finance

Asset Finance

We help firms and practices in acquiring new furniture, specialist equipment and fittings and fixtures. We can even support you in upgrading or refurbishing your workspace.
PII Funding

PII Funding

Your Professional Indemnity Insurance (PII) can equate to a considerable cost for your legal firm. We offer the ability to spread the cost of your premium and pay monthly rather than up front.
Call our team free on 0800 980 9348 Monday to Friday 8.30am - 5.30pm or contact Wesleyan Bank

'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.

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