Pension Practitioner
The SSAS Experts

How a SSAS loan could benefit your business – Part 2.

comment : 0

A SSAS can make a loan back to your business. Loans are restricted to a maximum of 50% of the net SSAS fund. Such loans must be secured against assets by way of a first charge. The maximum term permitted is five years, with the interest being at least 1% above the average base-lending rate of the six main high street banks. Capital and interest must be paid back at least annually in equal instalments. SIPPs cannot make a loan back to your business!

For more information please click on the link or contact us on our free telephone number 0800 634 4862.



About the Author

Leave a Reply


captcha *

Sign up to our Newsletter

Enter your email and stay on top of things