The client had received an Accelerated Payment Notice (APN) from HMRC of £150,000.00 for back taxes. The nature of an APN means that HMRC require an immediate payment from the business.
After approaching one of our lenders, we managed to get the full amount accepted on an unsecured basis over a 12 month term in just a couple of days from the initial application, with payment taking a week from start to finish.
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