Tax Break Requires Overnight Loan With Low Set Up Fee

CHRISWASPS

With 4 children, I was advised to operate as a limited company so I can take advantage of tax laws and Child Tax Credits etc. My accountant, before company year end, always insists that I reapay any personal drawings (over personal tax threshold) back into the company account. The monies are paid into the account on the last working day of my tax year and repaid the following morning. I have no problem in raising the money from my regular bank. However, they impose a standard a set up fee, which makes the true APR, at 2% for a day, exorbitant! I have plenty of equity in my home but the mortgage provider would charge an even higher set up fee, for a product that would not be useless for the next 364 days. Any ideas?