Putting Personal Money Into A Limited Company: What You Should Know
Hudson Weir
OCTOBER 10, 2021
Putting personal money into a limited company can also be a cheaper way to borrow funds, in comparison with interest rates on bank loans. Leveraging personal money in a business may seem like a reasonable next step, when banks won’t lend money due to failed credit checks. Be aware though, that they are classed as unsecured creditors.
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