Legal firm recommendation - loan agreement Legal firm recommendation - loan agreement - Page 2
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  1. #11

    Still gathering requirements...

    Join Date
    Mar 2012


    Quote Originally Posted by Maslins View Post
    I'm sure it's fine. To be honest given as NLUK said it's basically from "you" to "you" if it was me I wouldn't bother with anything formal at all. Surely you're not going to get one company you own to sue the other for breach of loan agreement?!

    ^^this is not professional advice
    Ok thanks, and I won't take it as professional advice. But yours and everybody's comments have honestly been really helpful! I don't now think this needs to be as complicated as I originally thought in my head, which is great.

  2. #12


    Join Date
    Jul 2005


    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.

  3. #13


    Lance's Avatar
    Join Date
    Sep 2013


    Quote Originally Posted by tkmk View Post
    Hi 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.


    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 Tuesday

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