Buying a hotel for £800k. £400k from owners (released from house purchase) and £400k commercial mortgage. I've been advised the best way to introduce the money into the Ltd company that will own the business and hotel is to do so as a directors loan. We can then take cash from directors loan account upto the initial £400k invested (business willing). Aim to keep business for 10+ years. Is this approach the most sensible. We will be owner/occupiers.
Thanks
Gavin
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