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Paying back a loan

  • 03-05-2007 10:46am
    #1
    tyler_d
    Registered Users, Registered Users 2 Posts: 70 ✭✭


    Im starting a ltd company in 2 weeks. Now im getting equity on my morgage of around 30K but i will be looking to pay this back in a few months rather than pver the 25 years.

    But im trying to figure the best way of putting this money into the company so that the company pays the loan monthly along with the interest. I've heard its easy getting money into the company but a just quite hard getting it out.

    Another question. What are the procedures for setting myself as an employee of the company.

    Thanks


Comments

  • #2
    mountainyman
    Closed Accounts Posts: 2,268 ✭✭✭mountainyman


    Buy the book 'Who'd want to be company director' by Mark O'Connell.

    MM


  • #3
    The Hill Billy
    Registered Users, Registered Users 2 Posts: 22,818 ✭✭✭✭The Hill Billy


    Get yourself an accountant.
    They will be able to properly advise you on these matters.


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