Sole trader - Bounce back loan liability? Sole trader - Bounce back loan liability?
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  1. #1

    Nervous Newbie


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    Oct 2020
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    Default Sole trader - Bounce back loan liability?

    Hi all,

    Any help would be great...

    Wanting to apply for a bounce back loan but concerned about the personal liability and losing a house if all went wrong.

    As a sole trader can a bounce back loan be applied for but under a new ltd company?

    Thanks in advance.

  2. #2

    bored now

    eek's Avatar
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    Jun 2010
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    Default

    Quote Originally Posted by nt50 View Post
    Hi all,

    Any help would be great...

    Wanting to apply for a bounce back loan but concerned about the personal liability and losing a house if all went wrong.

    As a sole trader can a bounce back loan be applied for but under a new ltd company?

    Thanks in advance.
    Was the new limited company created after 31st March 2020? If so it doesn't qualify.
    merely at clientco for the entertainment

  3. #3

    Default

    Good try sir

    Like your thinking but when was limited company incorporated ?


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