This option allows one, or a number of, directors to invest part of their pension into their business.
- Interest costs incurred returned to the pension pot
- Directors are in control of the way funds are used
- It is repaid monthly over a period up to 5 years
By investing your own pension funds in to your business you are able to control the finances in a way that some other finance options can’t provide. Once your pension fund is invested in your company it is up to you how you use it as you are the one taking the risks and benefiting from the profits.
This option can take 8 to 12 weeks to put in place so is not be suitable for a business that requires funds quickly.