2 min read
Two demands, one pot
A tax bill and a growth opportunity landing together force an unwelcome choice — stall the growth or risk the tax. Neither is a good outcome when the business is doing well.
Fund the gap
A working-capital facility covers the tax so growth spending proceeds, or funds the growth so tax is paid on time. Either way you keep momentum and meet the deadline.
Plan for known bills
Tax dates are known in advance — set money aside as you go so a bill never competes with growth. Then finance is a choice for opportunities, not a rescue for foreseeable costs.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.
Frequently asked questions
How do I fund growth and a tax bill at the same time?
A working-capital facility covers one so the other proceeds — paying the tax on time while growth spending continues, or vice versa. You keep momentum without missing the deadline.
Should I delay growth to pay tax?
You needn't choose. A facility bridges the gap so tax is paid on time and growth continues. Better still, set tax aside as you go so a known bill never competes with opportunity.
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Read →Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.