Pensions led funding
One of the frequently cited frustrations of small business owners is that of access to suitable capital to help grow their business. One area that you may want to consider is an increasingly popular option; Pension Led Funding (PLF).
PLF is quite simply a means of using funds within a registered pension scheme to invest in your trading Company. PLF follows the express statutory ability for a Sponsoring Employer (essentially, the Company which establishes the scheme) to borrow up to 50% of the pension fund.
There are certain conditions that must be met for the loan to be a qualifying loan.
In order for a business owner to take advantage of the planning it will be necessary to undertake the following steps:
I have business partners who are experienced in this form of funding and I would be happy to effect an introduction. If you are interested in learning more, please get in touch with me.