As the UK’s first and leading commercial property VAT bridging loan specialist, BloomSmith’s success is built upon partnerships, and we’ve been there from the beginning.
Established in 2015, BloomSmith was founded to meet the needs of property investors and developers facing uncomfortable liquidity choices caused by their VAT obligations.
The Fladgate team (led by Ella Leonard) worked to develop and document the unique legal framework which continues to enable BloomSmith to provide VAT funding without the need for legal security arrangements.
With our in-depth knowledge of the structure, we now lead on BloomSmith’s lending instructions, forming proactive and agile relationships with borrowers and their legal teams.
As demand for the VAT product has grown, BloomSmith’s need for speedy access to capital has led to us working closely with funders to pull together a bespoke and rapid drawdown mechanism.
“Fladgate’s work is fundamentally enmeshed within our offering, with Ella Leonard and the team ensuring our model is backed by an expert legal framework and both banking and FCA compliance.
Their knowledge and diligence ensure BloomSmith can deliver funding for clients within 48 hours when required and we can be assured that it is all done in ‘good order.’”
- BloomSmith’s CEO Nigel Smith
“We thoroughly enjoy working with BloomSmith, the consummate entrepreneurial and fast- moving client. We feel part of their team and privy to their thought processes around the development of their business. That closeness helps us match our delivery to their need.”
- Lead Partner Ella Leonard
Our Team: Ella Leonard, Kate Troup, Romily Parker and Billy Hughes
