FINANCE OPTIONS

^HMRC Loans for Manufacturing and Engineering Firms - Apply

Q: How much can I borrow with HMRC-related loans?

You can borrow between £1,000 and £10 million, depending on asset value, creditworthiness, and specific loan product. Our solutions are tailored to meet varying business needs.

Q: How quickly can I get a decision on my loan application?

Initial decisions are typically made within 1 to 4 weeks. Once approved, funds are generally available within 2 to 10 business days, contingent on document completeness and lender processes.

Q: What are the typical interest rates for these loans?

Interest rates range from 3% to 12% APR, influenced by business credit score, market conditions, loan size, and term length. Additional fees might include origination and servicing charges.

Q: What eligibility requirements must be met for HMRC-related loans?

Eligibility often requires proof of UK business registration, tax submissions, and meeting specific lender criteria. Financial health, viability, and compliance with regulatory standards are evaluated.

HMRC Loans for Manufacturing and Engineering Firms are not direct loans from HMRC, but rather financial tools that help businesses manage tax obligations and improve cash flow. These encompass the Invoice Financing method which provides liquidity by advancing cash against outstanding invoices, beneficial for covering urgent tax bills.

Secure up to £500,000 in Business loans with Funding Agent.

Quick and easy application process
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

We Like To Keep Things Simple

Match with

150+

Lenders

Loans from

£1000
to
£500K

zero hidden fees

What are the ^benefits of HMRC Loans for Manufacturing and Engineering Firms?

Leveraging HMRC-related loans improves cash flow, enhances operational capacity, and reduces immediate tax burdens. Our offerings include options for borrowing from £1,000 to £10 million with decision times as short as 48 hours. Discover how these tailored solutions, like Asset Finance, can enhance your business operations.

Access to funding

Tax relief benefits

Support innovation

Get Funding For your business

Generate offers

What are the different types of HMRC Loans for Manufacturing and Engineering Firms?

COVID-19 Recovery Loan Scheme

This scheme supports viable UK businesses impacted by COVID-19, providing loans from £25,001 to £10 million. With terms up to 72 months, it helps cover VAT liabilities and invest in process automation.

COVID-19 Recovery Loan Scheme

The COVID-19 Recovery Loan Scheme offers interest rates between 4% to 8% APR and requires proof of business viability and compliance. Ideal for post-pandemic production boosts and R&D investment, decisions are typically made within 2 to 4 weeks. Leverage schemes like revolving credit loans to complement your strategy.

Asset Finance

Asset Finance is for businesses acquiring tangible assets, offering loans from £1,000 to £5 million. Terms range from 12 to 60 months, easing acquisition of key machinery. Explore more about this on our Asset Finance page.

Asset Finance

With interest rates between 3% to 12% APR, Asset Finance supports equipment purchases necessary for operational efficiency. Decision times are usually within 1 to 2 weeks. Sectors like metal fabrication and engineering benefit by financing robotic arms, aided by our calculators.

Invoice Financing

Invoice Financing provides up to 90% of an invoice's value, ensuring cash flow continuity while waiting for payments. This aids firms facing payment delays. Details available here.

Invoice Financing

Ideal for managing urgent tax liabilities, Invoice Financing features decisions within 48 to 72 hours and interest rates of 1% to 3% per invoice. Particularly beneficial for sectors like construction and manufacturing, it bridges cash flow gaps seamlessly. Refer to our Invoice Factoring resources for detailed insights.

What is HMRC Loans for Manufacturing and Engineering Firms?

Application Process for Loans

The application involves providing financial health indicators and business documentation. Approvals are swift, and funds are usually available within 2 to 10 days post-approval. Our growth scheme guide helps ensure preparedness.

Regulatory and Compliance Requirements

HMRC-related loans necessitate FCA compliance and AML checks. Businesses must show UK registration and submitted tax documentation. Learn more about compliance steps on our funding guide.

Borrowing Capacity and Rates

Borrowing amounts range from £1,000 to £10 million, influenced by asset value and credit scores, with rates from 3% to 12% APR. Explore competitive offerings on our Business Finance page.