We’ve been supporting creative industries since 1986 and our deep understanding of your needs is why we offer financial solutions that areas flexible as you are. We know how to help you make the most out of opportunities with our network of industry-aligned experts and we’re dedicated to our ongoing journey of learning alongside the video gaming sector.
Whether it’s a short term cashflow challenge, invoice finance from our partner MarketFinance1, or a tax credit loan aligned to assist with video game development, we’re on hand to help.
Barclays Video Game Development Tax Credit Loans
What is it?
Available for both TV & film, as well as Video Game Development Companies, Tax Credit Loans enable you to receive advance funds against future tax credits you will receive from HMRC.We’ve offered this type of loan for over 15 years, so we have extensive experience and expertise when it comes to helping clients in the Creative Industries.
Get in touch
Whether you’re just starting out or long-established and looking to expand, our UK-wide network of Business Development Managers and dedicated finance teams can tailor solutions to meet your particular needs.
We’ll provide the professional support and guidance you need to help you take advantage of new opportunities – and avoid pitfalls. We’re here to help you secure the right financing and grow your business.
Terms and conditions
- If we refer you to MarketFinance, which is a separate legal entity to Barclays. We have a commercial interest in their business. If your application is approved, the product will be provided and administered by MarketFinance and you’ll be asked to accept their terms, conditions and operations. A portion of the revenue will be shared with Barclays Bank UK PLC.
- The VGDC is permitted to subcontract services, however this is limited to a cap of £1,000,000 per game in order to remain eligible for the UK Tax Credit.
The client will be required to provide an opinion letter from an accountant who will confirm the value of the tax credit they are entitled to.
Barclays will also require confirmation that the BFI have signed off the project in question to ensure this qualifies for tax credits.