LOAN OPTIONS · BUSINESS FINANCE
Msonkho Tax Loan
Have a business tax payment to make? Tell us the amount and due date, then compare the borrowing cost with your repayment budget.
At a glance
PURPOSE
Discuss finance for a business tax payment
PREPARE
The payment details, deadline and business cash flow
Ask for current eligibility, amounts, pricing and repayment terms.
Understand the option
What can I use it for
Explain the amount due and the relevant payment date. Check the tax position with MRA or your tax adviser; a financing enquiry does not change a tax obligation.
What should I prepare
Prepare the relevant tax assessment or payment information, cash-flow records and existing debt commitments. Confirm any settlement arrangement in writing.
What should I check
Finance is not tax advice or a guarantee that penalties will be avoided. Compare borrowing costs with the available lawful payment options and act before the deadline where possible.
Prepare your business and your skills
Use your cash forecast alongside the voluntary skills assessment. Your results can help you choose training and discuss business support with KFC.
Know the commitment before you accept
Request the current product Key Facts Statement. Your written offer and repayment schedule should make the figures and obligations clear.
01 · NET PROCEEDS
What you receive
Check the approved amount, upfront deductions and the money actually available to you.
02 · FULL COST
What you pay
Check the interest rate and calculation method, compulsory fees, insurance and total repayment.
03 · OBLIGATIONS
What you commit to
Check payment dates, any collateral or guarantee, late-payment consequences and early settlement.
What happens next
01
Start the conversation
Send a short online enquiry or call KFC to discuss your next step.
02
Prepare for assessment
The team confirms product availability, requirements and how to provide documents. Ask when to expect an update.
03
Review before deciding
If approved, read the written offer and payment schedule. Ask questions before accepting.
An enquiry does not commit you to borrowing. Approval and a payment date are not guaranteed.
Already have a loan?
Get help with a payment, a charge or a change in circumstances.