Pension Practitioner
The SSAS Experts
30
OCT
2014

How a SSAS loan could benefit your business.

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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!

  • Third Party Loans
  • Borrowing
  • Investing in your business

 

Click the link for further information or call us on our free telephone number 0800 634 4862.

 

https://www.pensionpractitioner.comloans/

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