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Disability Benefit Loan

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  • Ltd. You would think these things but the bank doesn't allow it :( Crazy stuff!
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    alexb123 wrote: »
    Ltd. You would think these things but the bank doesn't allow it :( Crazy stuff!

    It's legally possible, although may need to be done by cheque from the company.

    As long as it's all properly documented from the end of the Ltd and paid in full by 9 months of year end (which can be done by dividend) then there won't be too much paperwork or additional hassle.

    I frequently 'borrow' money from my company and let the accountant deal with it at year end.
    💙💛 💔
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