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Director Loan Sample agreement

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, archigabe

rahulsingh1
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Posts: 221
Joined: Sun Jan 06, 2013 5:32 pm

Director Loan Sample agreement

Post by rahulsingh1 » Mon Jun 10, 2013 12:41 pm

Hello guys-

Can anyone please share a director loan agreement that has been used for successful visa application. We need it for extension.

There are numerous types of agreements available with my accountant.

but why I ask, is because all of them have a repayment schedule present in them(Any loan should have one.)

But Since the UKBA wants you to invest the money completely( unsecured, subordinated in the favor of third party creditors), and in principle does not want you to take it out.

I was wondering if having a repayment schedule will create an issue ?

Legal83
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Posts: 200
Joined: Sun May 26, 2013 5:32 pm

Post by Legal83 » Mon Jun 10, 2013 4:35 pm

Pls check ur inbox

QualifyingforT1E
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Joined: Mon Jun 24, 2013 6:08 pm

me 2

Post by QualifyingforT1E » Mon Jun 24, 2013 6:31 pm

Could I have the same please?

aravindarun
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Posts: 9
Joined: Thu Jun 20, 2013 7:29 pm
Contact:

Director Loan agreement

Post by aravindarun » Mon Jul 08, 2013 8:53 pm

hi please could you send me director loan agreement

educators
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Posts: 114
Joined: Wed Dec 05, 2012 11:17 pm

Post by educators » Mon Jul 08, 2013 9:21 pm

Legal83 wrote:Pls check ur inbox

Could I have the same please?

aravindarun
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Posts: 9
Joined: Thu Jun 20, 2013 7:29 pm
Contact:

my email aarvindarun@gmail.com

Post by aravindarun » Mon Jul 08, 2013 10:15 pm

please send it to this id
It will be a big favour to me

Sarahuk
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Posts: 1
Joined: Tue Jul 09, 2013 5:58 pm

Re: Director Loan Sample agreement

Post by Sarahuk » Tue Jul 09, 2013 7:11 pm

pls I need a sample . Could I have this ?
My email address is [deleted by Moderator][Send PM instead]

thank u so much.

Princess2202
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Posts: 1
Joined: Tue Jul 09, 2013 9:25 pm

Post by Princess2202 » Tue Jul 09, 2013 10:09 pm

Hello I am new to this forum. Can u please also give me the same.

reachspk
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Posts: 3
Joined: Thu Jul 11, 2013 10:19 am

Re: Director Loan Sample agreement

Post by reachspk » Thu Jul 11, 2013 10:54 am

Dear All,

Could you please send me a copy of the sample agreement too, as I'm planning to apply for tier1 entrepreneur visa as soon as possible..

Thanks in Advance,
Regards

rahulsingh1 wrote:Hello guys-

Can anyone please share a director loan agreement that has been used for successful visa application. We need it for extension.

There are numerous types of agreements available with my accountant.

but why I ask, is because all of them have a repayment schedule present in them(Any loan should have one.)

But Since the UKBA wants you to invest the money completely( unsecured, subordinated in the favor of third party creditors), and in principle does not want you to take it out.

I was wondering if having a repayment schedule will create an issue ?

nitesh4891
Newly Registered
Posts: 3
Joined: Mon Aug 19, 2013 6:44 pm

sample letter for director's loan agreement

Post by nitesh4891 » Mon Aug 19, 2013 6:51 pm

hi can anyone please send me the sample letter of director loan agreement between company and applicant. Many Thanks

nitesh4891
Newly Registered
Posts: 3
Joined: Mon Aug 19, 2013 6:44 pm

Re: Director Loan Sample agreement

Post by nitesh4891 » Mon Aug 19, 2013 6:53 pm

hi could you send me director loan agreement sample letter. Many Thanks

removed user

Post by removed user » Tue Aug 20, 2013 1:20 am

Can anyone please upload it somewhere and share the link?

nitesh4891
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Posts: 3
Joined: Mon Aug 19, 2013 6:44 pm

Post by nitesh4891 » Tue Aug 20, 2013 9:02 am

hi mate, I would be much appreciated if you pls send that sample letter for directors loan agreement required for tier-1 entrepreneur visa. many thanks

nagisons
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Posts: 110
Joined: Thu Feb 07, 2013 6:30 pm
Location: UK

Post by nagisons » Tue Aug 20, 2013 10:23 am

Legal83 wrote:Pls check ur inbox

Could you Please send me Sample as well?

Regards

raghavgupta
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Location: United Kingdom
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Tier 1 Entrepreneur Visa

Post by raghavgupta » Tue Aug 27, 2013 12:19 pm

Hello Everyone,

I am currently on Tier 1 PSW and would like to switch to Tier 1 Entrepreneur visa.

Could anybody please suggest a reliable and a good solicitor who will be able to help me out throughout the whole process. I understand I will need a business plan and market research so I am hoping that it would be better to go through a solicitor than on my own.

Please suggest.

Thanks.

Regards,

Raghav

Maks
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Joined: Wed Aug 28, 2013 4:52 pm

Post by Maks » Thu Aug 29, 2013 10:12 am

Hi Raghav

I tried to PM you but the message doesn't go out to you... I am using a lawyer who had worked in the UKBA for 22 years and has been running his law firm for a few years now.

Happy to share his details, send me your email by PM

Dasistfact
Newbie
Posts: 38
Joined: Thu Mar 14, 2013 5:14 pm

Post by Dasistfact » Thu Sep 26, 2013 10:17 am

Hello guys.
Can I also get a copy of loan contract. Would be very grateful, as I need it ver much.
Thanks

ehabss
Newly Registered
Posts: 4
Joined: Thu Sep 26, 2013 6:19 pm

Re: Tier 1 Entrepreneur Visa

Post by ehabss » Thu Sep 26, 2013 7:22 pm

raghavgupta wrote:Hello Everyone,

I am currently on Tier 1 PSW and would like to switch to Tier 1 Entrepreneur visa.

Could anybody please suggest a reliable and a good solicitor who will be able to help me out throughout the whole process. I understand I will need a business plan and market research so I am hoping that it would be better to go through a solicitor than on my own.

Please suggest.

Thanks.

Regards,

Raghav
Hi Raghav, I'm dealing with Named Removed (http://www.spammer.com) and they're really good. Thanks

vfinancials
Newbie
Posts: 49
Joined: Tue Jun 18, 2013 5:52 am

Do I need to submit any Loan letter..

Post by vfinancials » Fri Sep 27, 2013 12:28 am

Hi,
I am applying for Entrepreneur visa this month. I have my personal funds in my bank account. Can anybody tell me, do I need to submit any Director Loan Letter or anything except bank statement. I am applying within UK. Much appreciated. Thanks

mikilol
Newly Registered
Posts: 19
Joined: Thu Mar 01, 2012 7:51 am

Post by mikilol » Sun Sep 29, 2013 9:49 am

Hi
Can I also get a copy of loan contract. Would be very grateful.
Thanks in advance.

rahil74098
Junior Member
Posts: 56
Joined: Fri Nov 16, 2012 5:48 am
Location: United Kingdom
Contact:

Post by rahil74098 » Mon Sep 30, 2013 10:59 am

Hi guys,
I got a visa on 28/09/2012. I sent this Director Loan agreement letter to UKBA. I hope this will help all of you.

Director's loan to (Your Company Name)
Lender: (Your Name)
Loan: (£ Amount)

I, (Name) director of XYZ Company do hereby agree to lend (Amount) to XYZ Company.

This loan is interest-free, unsecured and subordinated in favour of third-party creditors of the company. The loan is repayable after one year.

Your Name

sign
(Director, XYZ Company) Date:

Shazzzz
BANNED
Posts: 55
Joined: Tue Oct 01, 2013 12:41 am

Hey

Post by Shazzzz » Tue Oct 01, 2013 1:15 am

Hey guys could u explain what is directors loan agreement please? N it's gonna b helpfull?thnx

Shazzzz
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Post by Shazzzz » Tue Oct 01, 2013 1:17 am

Can I get copy of that agreement it will be appreciated...

Sonye
Junior Member
Posts: 76
Joined: Mon Sep 09, 2013 4:42 pm

Post by Sonye » Tue Oct 01, 2013 11:16 pm

Hello,

Could someone explain who needs a director's loan agreement? I am applying this month. Do i need one?

rahil74098
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Posts: 56
Joined: Fri Nov 16, 2012 5:48 am
Location: United Kingdom
Contact:

Post by rahil74098 » Wed Oct 02, 2013 2:32 am

Sonye wrote:Hello,

Could someone explain who needs a director's loan agreement? I am applying this month. Do i need one?
Hi,
There are two type of investment is mentioned in entrepreneur policy guidance page.22

. Share Capital:
If you have invested by way of share capital the business accounts must show the shareholders, the amount and value of the shares (on the date of purchase)

. Directors Loan:
you can make investment in the form directors loan.

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