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Intercompany Loans

  • 27-07-2022 8:36am
    #1
    Da11
    Registered Users, Registered Users 2 Posts: 61 ✭✭


    I would like to ask if the intercompany is the loan that is given only in the group of the companies ( parent<> subsidiary ) or between connected companies? If the company gives a loan to another company ( not in the same group or connected through 100% ownership ) is this still Intercompany loan?

    Thank you for your input!



Comments

  • #2
    lisetrickel
    Registered Users, Registered Users 2 Posts: 6 ✭lisetrickel


    No, an intercompany loan is a loan from one entity to another within the same company. It’s a good way to avoid bank fees and spreads. Also, it’s easier to determine the terms and conditions of such a loan yourself. But the companies should be connected somehow for the loan to be considered an intercompany one.

    I don’t know much about such loans because I’ve never done them myself, but you can ask Mortgage Advisor Bristol about that. They know much more than I do about the financial market and will help you with any loan questions. It’s better to pay them for help and save money on your loan than get unfavourable conditions.



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