The challenge

A well-established commercial energy supplier found itself on the brink of collapse after falling significantly behind on its corporation tax obligations. With a total liability of £1.9 million, HMRC issued a hard deadline: pay by midnight or face being wound up.

The business managed to gather £1 million upfront and secured a short extension for the remaining balance. However, fulfilling ongoing operational commitments meant they faced a critical cash flow gap – one that threatened their ability to settle the tax bill in time.

Attempts to secure funding elsewhere were unsuccessful. Competing lenders declined due to the significant tax debt. Compounding the issue, the company’s director was not a UK national and, due to technical hurdles, could not obtain a Right to Work Sharecode, making the funding landscape even more restrictive.

The Bizcap difference

Where others saw red flags, Bizcap saw an opportunity to understand the full story and structure a practical, fast-moving solution.

Bizcap’s open-minded and solution-driven approach allowed the team to look beyond conventional lending parameters and evaluate the business based on its actual operations, revenue, and continuity.

Because time was the biggest threat, Bizcap moved extremely quickly, approving a Small Business Loan and arranging to pay HMRC directly, removing the administrative burden and ensuring compliance before the midnight deadline.

Bizcap also worked closely with the company to verify the director’s ability to legally work and reside in the UK, enabling the deal to progress where other lenders had stalled.

This combination of speed, flexibility, and creative problem-solving made it possible to fund a business that otherwise had no viable options.

The outcome

Bizcap provided £535,000 in funding – exactly what the company needed to bridge the cash flow gap and settle its tax obligations in full.

By resolving the corporation tax arrears, the commercial energy supplier avoided immediate wind-up action and retained full operational stability. With HMRC satisfied and critical invoices paid, the company could refocus on its core business rather than crisis management.

The funding not only protected the business from closure but preserved jobs, safeguarded client contracts, and allowed leadership to plan confidently for the future.

Flexible funding for your business

At Bizcap, we help businesses access the funds they need — fast. Whether it’s a flexible line of credit or a small business loan, our process is simple, our approvals are quick, and our support is ongoing.

With approvals in as little as three hours, and same-day payments, Bizcap makes it easier for businesses to move forward with confidence.

Apply today and discover how Bizcap can power your next stage of business growth.