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Harrison Clark Rickerbys support VAT loan offer by Proplend
6 December 2021
Harrison Clark Rickerbys
HCR’s Thames Valley real estate finance team acted for Proplend in their first VAT bridging loan, a growth area for the leading technology platform for investor funded commercial real estate loans.
The platform specialises in this type of finance, setting it apart from many other lenders; the loan, which is taken out in relation to commercial property which attracts VAT, means that investors can manage the VAT charge of 20% of the purchase price without affecting their cashflow.
Read more here.