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Directors loan--subordinated in facvour of thrid party credi

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

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ranyam0501
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Joined: Tue Sep 11, 2012 10:18 pm

Directors loan--subordinated in facvour of thrid party credi

Post by ranyam0501 » Sat Sep 22, 2012 12:49 am

Hi all
could anyone tell me about this

The directors loan agreement must show whether it is secured or unsecured and subordinated in favour of thrid party creditors

I invested in my business on my own and there is no thrid parties involvement. What i should include in the directors loan agreemnet regarding SUBORDINATED IN FAVOUR OF THIRD PARTY CREDITORS

thank you in advance
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