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Director Loan Question

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

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star4ever
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Joined: Thu Jun 30, 2016 6:57 pm

Director Loan Question

Post by star4ever » Thu Jun 30, 2016 7:00 pm

I am not sure if my ONE director’s loan will acceptable by HO or not.
My financial accounts confirm that money have been invested in the form of director’s loan however loan display in the first year financial accounts under (other creditors WITHIN ONE YEAR). The remaining two years’ financial accounts display director’s loan under (other creditors MORE than ONE YEAR).
Can you please confirm if one loan agreement is enough because one of the clause included in this unsecured loan agreement is that it is extended for another 4 years?
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