When you first started your business, you put in blood, sweat and tears to get it off the ground and into a profitable position. You probably also put a lot of money into it with fit outs, leases, staffing, set up costs, technology and more. Chances are that the business owes you a fair bit of coin on the balance sheet.

Now that your business is maturing and its rent roll is growing, why not pay yourself back the cash you put into the business in the first place? After all, it is a loan from yourself to your business and is repayable at any time you choose.

Your accountant will need to give you specific advice, but having the business repay a loan to yourself is likely to be tax free. This means that by drawing finance against your rent roll, you can unlock personal cash reserves for personal use, all the while having the business pay for the finance itself.

In partnership with your accountant, we can help you understand the implications of financing your rent roll to repay director’s loans, whilst helping you unlock your personal goals.