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LTD Director with poor credit

I am a paid Director of a small wedding photography business and I rely on advance bookings so the Furlough option is not one I can really use. 
Basically, I am just trying to find a way of getting the business an Inturption loan or grant but due to my poor credit and the fact we don't rent a business property I cant seem to get anywhere. 

Any advice or guidance 

Comments

  • Jeremy535897
    Jeremy535897 Posts: 10,786 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    Try your bank again. The new micro loans are 100% backed by Government, so you might have more success.
  • Galloglass
    Galloglass Posts: 1,288 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 1 May 2020 at 6:42AM
    You can still claim Universal Credit or new-style JSA. Try checking a benefits calculator like Turn2Us

    Benefits are not repayable as they are to all intents a payment from [social] insurance. Loans though have to be paid back.
    • All land is owned. If you are not on yours, you are on someone else's
    • When on someone else's be it a road, a pavement, a right of way or a property there are rules. Don't assume there are none.
    • "Free parking" doesn't mean free of rules. Check the rules and if you don't like them, go elsewhere
    • All land is owned. If you are not on yours, you are on someone else's and their rules apply.
    Just visiting - back in 2025
  • Bubsey66
    Bubsey66 Posts: 2 Newbie
    First Post
    You can still claim Universal Credit or new-style JSA. Try checking a benefits calculator like Turn2Us

    Benefits are not repayable as they are to all intents a payment from [social] insurance. Loans though have to be paid back.
    Thank you. 
    Yes we now have UC each month. 
    It's a loan I would rather to the business, as the moment I am using to pay my way is for products so at some point this needs to be replaced. It's a small amount I need. 
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