Business Finance — Rate Guide

Business Bridging Loan Rates 2026 — Updated August 2026

Last updated August 2026Reviewed monthly
Prime business security bridging
From 0.65%/monthPrime business security bridging
BoE base +2.5% = currently 6.25% p.a.
HMRC TTPBoE base +2.5% = currently 6.25% p.a.
Primary tax bridging use cases
VAT, CT, PAYEPrimary tax bridging use cases
Last updated
August 2026Last updated

Business bridging loan rates in 2026 start from 0.65% per month for prime business security and run to 1.5%+ for complex or unsecured positions. The key business use case for bridging is tax payment — VAT, corporation tax, and PAYE bills that fall due before the business can fund them from cashflow. This guide shows the rate for business bridging alongside the HMRC Time to Pay (TTP) rate comparison — to help businesses decide which is genuinely more cost-effective.

Business Bridging Rates vs HMRC Alternatives — August 2026

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Finance typeRateMonthly cost (£100k)Comparison note
Business bridge — prime property security0.65%–0.85%/month£650–£850/monthSecured on property. Fast (24–48hr). Fixed rate for term.
Business bridge — commercial property security0.85%–1.25%/month£850–£1,250/monthCommercial asset as security. Standard business bridge range.
Business bridge — unsecured (debenture/PG)1.25%–2.0%/month£1,250–£2,000/monthNo property security. Higher rate reflects unsecured position.
HMRC Time to Pay (TTP) — if approvedBoE base + 2.5% = 6.25% p.a.£521/month (interest only)Simple interest, no compounding. No arrangement fees. No guaranteed approval.
HMRC late payment penalty (after 30 days)5% of outstanding tax£5,000 one-off then ongoing interestSignificantly more expensive than bridging if deadline missed.
HMRC standard interest (no TTP)BoE base + 2.5% = 6.25% p.a.£521/month + late penaltiesTTP must be agreed before deadline — not retrospective.
Pricing factors

What determines your rate

Security available

A property charge (first or second) provides the best business bridge rate. A business with a commercial property can typically bridge at 0.75%–1.0%/month. Without property security, the lender relies on a debenture over business assets and/or personal guarantee — which pushes rates to 1.25%–2.0%+.

Tax vs HMRC Time to Pay comparison

HMRC TTP (if approved) charges simple interest at base rate + 2.5% (currently 6.25% p.a. = 0.52%/month). This is lower than a secured bridge at 0.65%/month — on first appearances. However: TTP is not guaranteed (HMRC decides whether to approve), requires proactive agreement before the due date, and failure to pay on time results in 5% penalty plus ongoing interest. A bridge guarantees the payment, avoids penalties, and provides certainty.

Term

Tax bridging loans are typically short — 3–6 months, occasionally to 12 months while the business improves cashflow. Shorter terms reduce total interest cost significantly relative to a longer-term finance option.

Loan size

VAT quarters typically fall in the £20,000–£200,000 range for SMEs. Corporation tax bills can be larger. Business bridge lenders are active across this range. Above £500,000, specialist and private banking options become relevant.

Speed

Tax bills have hard deadlines. A business bridge can be arranged in 24–72 hours where security is clear. HMRC TTP requires proactive contact before the deadline — if the deadline has already passed, TTP is harder to negotiate and penalties are already accruing.

Cost illustration

Worked cost example

Comparison: £80,000 VAT bill due immediately. Two options:

Option 1 — Business bridge at 0.85%/month (residential property security, 3-month term)

Monthly interest: £680. Total interest 3 months: £2,040.

Arrangement fee (2%): £1,600. Legal fees: £1,200.

Total cost of bridging
£4,840

Option 2 — HMRC Time to Pay (6.25% p.a. = 0.52%/month) — if approved, 6-month TTP

Monthly interest: £416. Total interest 6 months: £2,500.

No arrangement fee. HMRC admin time required.

Total cost of TTP (interest only)
£2,500

Option 3 — Missed deadline (30-day penalty + ongoing interest)

5% penalty: £4,000 immediately. Ongoing HMRC interest: £416/month.

3-month total cost
£5,248 — more expensive than bridging

TTP is cheaper than bridging IF approved. Bridging is better than missing the deadline entirely.

Market context

Rate context and outlook

Business bridging for tax payment is a growing use case — increasing numbers of SMEs use short-term bridging to fund VAT, CT, and PAYE bills while cashflow recovers. The HMRC late payment interest rate (base rate + 2.5% = currently 6.25% p.a.) has risen significantly from pre-2022 levels (base rate + 2.5% was under 3% p.a. in 2021). At 6.25% p.a., HMRC late payment interest is lower than most bridge rates — but the penalty for missing the deadline (5% of the outstanding amount) changes the calculation significantly if TTP is not agreed in advance.

FAQs

Frequently asked questions

Is a business bridge or HMRC Time to Pay better for a tax bill?

If TTP is available and approved before the due date, TTP is slightly cheaper in pure interest terms — 6.25% p.a. versus 7.8%–10.2% p.a. for a secured bridge. However, TTP is not guaranteed — HMRC decides whether to approve. A business bridge guarantees the payment is made on time, avoids penalties entirely, and preserves the HMRC relationship. For businesses where TTP approval is uncertain, bridging is often the lower-risk choice despite the slightly higher interest cost.

How quickly can a business bridge for a tax bill be arranged?

Where property security is clear (residential or commercial property with no complicating factors), a business bridge can be arranged in 24–72 hours. The main time factors are: identity verification, property valuation (automatic valuation model for straightforward residential), and legal documentation. For genuinely urgent deadlines, contact us as early as possible — we maintain relationships with lenders who can respond in hours rather than days.

Can I bridge a PAYE bill as well as VAT?

Yes — business bridging for PAYE liabilities is available on the same terms as VAT bridging. The key factors are the same: security available (property, business assets, personal guarantee), loan amount, and the business's ability to repay from cashflow within the bridge term.

Does my company need to be profitable to get a business bridge?

Not necessarily — a business bridge is primarily secured against an asset (usually property) rather than assessed on profitability. A temporarily loss-making business with a property asset can often bridge a tax liability. The critical factors are: the quality of the security, the clarity of the exit (when will the loan be repaid), and the business's underlying viability.

What happens if I cannot repay the business bridge at the end of the term?

Business bridge lenders assess exit strategy carefully at the outset — the bridge should not be entered without a clear, credible repayment plan (property sale, refinancing, expected cashflow). If repayment is delayed, most lenders allow a term extension at a slightly higher rate. If the borrower defaults entirely, the lender enforces against the security. We advise on realistic exit planning before any bridge is entered.

Get a personalised rate comparison for your case

Independent whole-of-market advice · FCA No. 814533

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