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Articles by Vincent Bull
DAILY RECORD
ELDRIDGE Jeff and Tracy Harris, 107 Muhs Circle, residential addition, D & K Home Products, $23,292. Linda Intveld, 908 Heiler Ct., residential addition, Moxie Solar, $19,154. Wapsi River Properties, 300 N. 16th Ave., new commercial, Tri-State Building Corp, $150,000. Robert Ray, 3212 S. 25th Ave, residential addition, $2,534. MOLINE 1106 4th Ave., commercial remodel, Russell Const., $25,000. 4110 38th Ave., commercial remodel, IMC Const., $119,000. 2327 12th St., deck, StoJo Outdoor Services, $15,000.
Businesses are now better placed to create and sustain relationships
Vincent Bull, managing director at VATBRIDGE | 16:57 Thursday 31st January 2019 | 2 With the advancement of technology and the internet, we are more connected than ever and things are constantly moving along at an ever-increasing pace. This statement is often followed by the bemoaning of a subsequent lack of substance and quality in our communications, business and relationships, which can get lost in the fleeting interactions of modern life.
Vincent Bull, managing director @VAT_BRIDGE gives his predictions for the bridging sector in 2019
Looking at what might happen next year in our sector presents some challenges with Brexit on the horizon. Do any of us really have the faintest clue as to where our businesses will be this time next year? For what it’s worth, I think we will all do what we are best at, for example, getting on with the job in hand and ignoring distractions when we cannot possibly affect the outcome.
Vince Bull, managing director @VAT_BRIDGE reflects on the firm's current success in 2018
As the year draws to a close, it’s that time when we reflect on whether things have gone as planned and if business volume targets have been met. We seem to have built up a head of steam throughout the year, and my feeling is that this may well be attributed to a growing awareness in the commercial property sector of the availability of VAT funding when acquiring. The entrance into the market of new funders has probably also brought the product to the attention of a wider audience, too.
Vincent Bull @VAT_BRIDGE believes that the industry will continue to push ahead and innovate irrespective of the market and any support
Well the Budget came and went but was somewhat overshadowed by the continuing uncertainty over Brexit and the consequences of a ‘no deal’. It’s hard to pick anything out that will have a positive effect on the development finance sector. The Help to Buy scheme disappears in 2023 with restrictions being applied in 2021 in respect of who can access it and a cap on the prices of the homes that can be bought using the state-backed equity loans.
Vincent Bull, managing director @VAT_BRIDGE highlights the best way to keep in touch with brokers
How does a company reach its target audience and engage with them when there are so many different ways to apportion marketing spend. Perhaps it is best to first consider what the purpose of your marketing activity is? Normally, it is a combination of building brand awareness and creating new business opportunities/revenues.
Vincent Bull, managing director @VAT_Bridge looks at how developers can maximise cash flow
With the first few deals now going live, it is clear that there is space in the market for a niche product such as VATBRIDGE DF+. Developers are always looking for ways to maximise cash flow and what better way than to leverage against monthly VAT reclaims? Some 80% of the monthly reclaim can be accessed. In addition, administration is reduced as the whole reclaim process is taken care of, which also has the added benefit of speeding up VAT reclaims.
Vincent Bull, managing director @VAT_Bridge looks at how to deal with unusual deals
We are often asked to look at deals that do not immediately fall into the ‘normal’ category. One such transaction came across our desk recently and we needed to put our thinking caps on and find a workable solution, quickly. Another lender had been considering an application, but it was becoming clear that they were not going to be in a position to make the funds available in time.
Vincent Bull, managing director @VAT_BRIDGE highlights the common misconceptions around VAT bridging
Being a product that is relatively new to the market, VAT bridging for commercial properties is not widely understood and misconceptions abound as to when it can be used and in what circumstances. The purchasing entity has to be an SPV company While it is true that most cases will involve making an advance to an SPV company, partnerships and sole traders can also take advantage of this form of funding.
Vincent Bull @VAT_BRIDGE explains how it can help developers
We are often asked where we fit into the timeline of a transaction. As a highly focused business with a defined target lend, it is not that difficult to answer, but there are a number of reasons a client will approach us to fund the VAT element of a commercial property purchase. Perhaps the most common scenario is where the prime funder has agreed a facility, but they will not provide funding against the VAT element.
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