Director's Loan agreement

[ukstar008]

It is very clear from the guide what a loan agreement should cover and say. If you want proper advice you need to contact a business solicitor. As you said, there are many samples on the forum which you can search for, however every business is different and the loan agreement might need to be prepared differently for each business. Please consult a BUSINESS solicitor for more legal advice

Hello Zimba,

I am using the 200K director loan for my tier 1 application,
when I registered the company, I need to put how many shares and the value of each share
I put 10000 shares, £1.00 per share, is this correct or should I change to £20.00 per share

Thanks for your help

Ronnie

[zimba]

The numbers of shares allocated to you during registration is irrelevant to the money you loaned the company as Director's loan