Excess cash is a luxury few firms can afford. It can also lead to HMRC restricting tax reliefs including Business Relief (BR). Through the Thrive Corporate Management Service (CMS) we work with management to put cash to work in qualifying trades. We develop a bespoke lending programme, targeting strong returns. As cash stays inside the firm, owners stay in control.
Clients can deploy surplus cash into leading activities targeting competitive discrete returns of 4%-6% per year. These are net of all fees with no upper limit.
If clients wish to exit loans, we'll access our lender network, looking to sell on their behalf. As an indication rather than guarantee, we have previously completed this in 2-4 weeks.
All lending is asset-backed and focused on capital protection. We generally only accept security that we take on a first-charge basis over land, buildings and other assets.
BR-qualifying in as little as two years and if held at the time of death, mitigating IHT
Growth free from Capital Gains Tax
The Thrive CMS isn’t an Unregulated Collective Investment Scheme (UCIS). There's no 'collective’ as we're offering a tailored service for each client, where they select their loans and their target return. As advisers aren't usually insured to write UCIS business i.e. with professional indemnity insurance, this non-UCIS status can aid your work with clients.