Skip to content
English
Landbay
  • There are no suggestions because the search field is empty.

What are the requirements for inter-company loans?

Landbay may consider applications from SPV companies that may benefit from a loan from a parent/associated company.
 

The requirements are:

  • There must be common directors between the SPV and company providing the intercompany loan.
  • Where the SPV is jointly owned it is acceptable for the company providing the loan to be owned by just one of the owners of the SPV.
  • The company providing the loan must be a UK incorporated company and been actively trading for a minimum of 12 months.
  • The company providing the loan must be owned by individuals and cannot have any form of layering ownership structure (i.e. direct ownership by people, no holding company.)
  • Loan between companies must not carry any interest rate and term must not be greater than the mortgage term.
  • 3 months bank statements required from the company providing the loan to show funds available, further questions will be asked if any concerns over transactions showing.