Help Centre

We understand that when it comes to deciding on the best tax advance for your business you might have a lot of questions. We have compiled a list of some frequently asked questions below to help you get started.

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How will you use my data?

As a FinTech company, we are very careful with what we do with your data. We’ll never sell your data to third parties and store it securely on our servers. See our privacy policy for more details.

How do I repay?

You don’t! We collect the money directly from HMRC, meaning you don’t need to worry about any payments.

What information do I need to provide?

4 things:

We’ll ask you to verify your identity.
We’ll ask for a read-only connection to your business bank and accounting software.
Access to your business tax account (government gateway).
Information regarding your current/future claim.

Newly formed companies may not be able to satisfy these 4 requirements, in which case please get in touch with us and we can help you set up a business tax account, VAT registration and business banking, free of charge.

How do I get started?

By clicking “Get Funded” you can be pre-qualified in minutes and get a lending decision within 24 hours

How is Adsum different?

We handle pre-credibility, preparation and submission of any claim and advance you 100% of the claim amount Recovery directly from HMRC, meaning you don’t have to worry about monthly interest or final repayments Service companies in any stage of their lifecycle including pre-revenue and start-ups

What will it cost?

Zero upfront fees – we offer the option to pay nothing until your loan is approved, or request a small deposit to commence underwriting on large asset acquisitions. After approval, once the legal documents are ready to be signed we ask you to pay a small signing fee to cover our legal costs. That’s it! The rest of the costs can come straight from HMRC on successful reclaim.

What type of funding does Adsum offer?

We advance all HMRC issued tax credits (even if you haven’t applied for them yet). This means that as long as you have incurred (or plan to incur) expenditure that is eligible for one of the UK government’s tax incentives, we will advance you the amount you will get back from HMRC. The most popular tax credits we see are VAT (asset and property purchases), R&D and creative industry.