This company approached us to initially provide an unsecured loan to repay some large HMRC arrears.
Once we identified how the arrears had built up, we were able to raise most the money required to pay off the arrears in full, but we advised this business to put a time to pay arrangement in place with HMRC through a specialist that we know well.
Once that was agreed, we put a finance facility in place to ensure that the arrears were repaid on time as well as the current commitments.
