Using personal loan money as part of Tier 1 Entrepreneur

[nsqnsf]

Dear members,

Am planning to move into Tier1 Entrepreneur like many of you from PSW visa and have been running my company for a while now. In order to show the £50,000 part, I have taken a personal for £10000 from my UK bank because the guidance says that director's loan is the only type of funding that is not valid for visa purpose. But am still concerned if a personal loan taken on me will be accepted? My bank statement that will be submitted for visa application will show that the money was obtained as a loan. Please can members with knowledge on this provide advice? Thanks in advance.

[Lucapooka]

Why are you asking for votes on how to interpret the guidelines? If you have already loaned 50K from a bank (or anyone) and that money is in your bank account to be used without restriction, you can use that money. You can't apply on the basis that you intend to take out a loan. The bank must be willing to allow you to use the loan they granted for such a purpose.