Originally posted by Maslins
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Legal firm recommendation - loan agreement
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It may be worth checking that the articles allow this sort of activity. I imagine they do.
The practical consequences of breaching the articles are probably nil.Comment
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Originally posted by tkmk View PostHi guys
I have my established limited company as a contractor and I've created a new totally separate limited company for a side hustle
I would like to loan my new company some money from my existing company, for which I'll need a loan agreement. Can anybody recommend a company or website where I can get advice and an agreement drawn up? I have searched on Google but difficult to assess the options, so looking for a decent referral.
Thanks!
just a thought. Why loan it? Why not just make it a capital investment? It amounts to much the same thing but without any complex paperwork.
Oh and the company owns the company.See You Next TuesdayComment
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