FINANCE OPTIONS

Hmrc Loans for Retail - Apply Now

HMRC loans specifically for UK retail do not exist, but there are alternatives like Time to Pay arrangements and SME-specific loans to manage tax liabilities. These solutions offer critical support in managing cash flow issues attributed to tax obligations.

Business loans

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
Cloud

What are the benefits of Hmrc Loans for Retail?

Using HMRC's arrangements, like Time to Pay, helps retail businesses manage their tax payments without straining operational cash flow. Flexibility in payment terms and potential government-backed interest rates are strong benefits.

black tick in a green circle
Tax relief options
black tick in a green circle
Supports business growth
black tick in a green circle
Improves cash flow

SCALE YOUR BUSINESS TO NEW HEIGHTS

play button
cloud
200+
Providers
building
building
building
buildingbuilding

What are the different types of Hmrc Loans for Retail?

Time to Pay Arrangement (HMRC)

Businesses with tax difficulties can negotiate a Time to Pay arrangement directly with HMRC, spreading out tax payments over 12 months or more.

Time to Pay Arrangement (HMRC)

The Time to Pay arrangement requires direct contact with HMRC, proof of financial difficulty, and agreement on interest terms at 7% per annum. Ideal for seasonal retailers.

Business Interruption Loan (Tax Focused)

Eligible UK SMEs affected by COVID-19 disruptions can access loans from £50,000 to £250,000 through accredited lenders.

Business Interruption Loan (Tax Focused)

Government-backed Business Interruption Loans provide interest rates lower than market due to assurance. Quick decision times of 1-2 weeks are beneficial during revenue dips.

Short-term Business Loan

Retail SMEs with good credit can access short-term loans from £5,000 to £100,000 to meet immediate tax obligations.

Short-term Business Loan

These short-term loans offer rapid decision times and competitive interest rates between 5%-15%. Independent shops can utilize these for unexpected tax bills.

What is HMRC Loans for Retail?

Application Process for SME Loans

SMEs seeking HMRC-backed loans must gather financial documentation, contact HMRC for arrangements, or apply with lenders for Business Interruption Loans.

Regulatory Requirements

All lenders must be FCA-authorized, ensuring fair practices. It's critical for SMEs to check this before proceeding with any financial product.

Borrowing Capacity & Rates

Loans range from £5,000 to £250,000 depending largely on your credit score and specific needs, with rates typically ranging from 5% to 15%.

Get Funding For your business

Generate offers
Cta image

FAQ’S

How much can I borrow with a Business Interruption Loan?
How quickly can I get a decision on a Time to Pay arrangement?
What are the typical interest rates for short-term business loans?
What are the eligibility criteria for HMRC loans?

We Like To Keep Things Simple

Match with
150+
Lenders
heart
Expert helpstarstar
200+ Provider
Loans from
£1000
to
£500K

zero hidden fees

underline

Extra bits you might find useful..