And that’s what happens when you post in General.
I’ll copy the OP into A/L and let’s try again...
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Getting a loan or finance
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Getting a loan or finance"
Collapse
-
Originally posted by northernladuk View PostFTFY
Leave a comment:
-
Originally posted by scooterscot View PostJust buy crypto.. Next stop the moooooooon.
Leave a comment:
-
Originally posted by halbot View PostHi all
New to contracting and this forum so go easy
I switched from perm to contract a couple of months ago. I have only been paid once so don't have much saved up, and no savings otherwise (yes it was a risky move).
We are also about to do some building work on our house and somewhat short on funds, about 25k or so. So I need to borrow the money, and my ltd company doesn't have it so I can't take a directors loan. I can get 0% credit card advance of 9k but still short.
So, my question is, can I apply for a normal high street loan for say 20k, what sort of history will be required i.e. do they look at dividends/salary, or is there any way I can get a loan, only having been in a contract for a short time? How does this work normally if you are a director with a small salary taking dividends?
Obviously the sensible thing to do would be to delay the building work until I have more funds, but for one reason or another we need to start in the next month or so. I will be able to pay back 2k a month or so out of my dividends.
Thanks!
Leave a comment:
-
If you can't afford the money, you can't afford to build. Try saving instead.
Leave a comment:
-
Halbot, would the building works be done by a professional naked fat lazy contractor?
Leave a comment:
-
If a new contractor has a question about his accounts and what he can do with the money should he ask...
A) His Gladiator
B) His Accountant
C) His Radiator Bleeder
When asking for free help from people should he...
A) Post in any part of the forum he wants because he can't be arsed to find where to put it
B) Take 10 seconds to read the headings of each section and post it in the appropriate place
C) Put it in General because he wants a proper roasting by a fat lazy contractor.
Answers on the back of a £50 note and push through the letterbox please.....
Leave a comment:
-
Getting a loan or finance
Hi all
New to contracting and this forum so go easy
I switched from perm to contract a couple of months ago. I have only been paid once so don't have much saved up, and no savings otherwise (yes it was a risky move).
We are also about to do some building work on our house and somewhat short on funds, about 25k or so. So I need to borrow the money, and my ltd company doesn't have it so I can't take a directors loan. I can get 0% credit card advance of 9k but still short.
So, my question is, can I apply for a normal high street loan for say 20k, what sort of history will be required i.e. do they look at dividends/salary, or is there any way I can get a loan, only having been in a contract for a short time? How does this work normally if you are a director with a small salary taking dividends?
Obviously the sensible thing to do would be to delay the building work until I have more funds, but for one reason or another we need to start in the next month or so. I will be able to pay back 2k a month or so out of my dividends.
Thanks!
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Andrew Griffith MP says Tories would reform IR35 Oct 7 00:41
- New umbrella company JSL rules: a 2026 guide for contractors Oct 5 22:50
- Top 5 contractor compliance challenges, as 2025-26 nears Oct 3 08:53
- Joint and Several Liability ‘won’t retire HMRC's naughty list’ Oct 2 05:28
- What contractors can take from the Industria Umbrella Ltd case Sep 30 23:05
- Is ‘Open To Work’ on LinkedIn due an IR35 dropdown menu? Sep 30 05:57
- IR35: Control — updated for 2025-26 Sep 28 21:28
- Can a WhatsApp message really be a contract? Sep 25 20:17
- Can a WhatsApp message really be a contract? Sep 25 08:17
- ‘Subdued’ IT contractor jobs market took third tumble in a row in August Sep 25 08:07
Leave a comment: