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TTFAC - operational practice

benjaminfabibenjaminfabi Moderator
in Technical stuff

Hi,

I'm very much in the camp of 'if a client benefits on paper from and TTFAC then we should just apply for it.'

It costs nothing, doesn't take a long time (usually can be completed before asset sales have cleared to provide funds), and we can't see into the future. I take the view that having it won't be a drawback, but not having it could be. Therefore, unless we have very clear and obvious reasons why we wouldn't (e.g. low or no uncrystallised funds and no prospects/ability to build them, inadequate record keeping for legacy BCEs), I'm very much putting this in as a solid line to make the application.

What are others doing?

Benjamin Fabi 
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