Document a loan from a director to their company, or from the company to a director, with the tax and Companies Act points covered.
Starting a business
Director’s Loan Account Agreement
About this document
A written loan agreement between a limited company and one of its directors. Option A covers money the director lends to the company. Option B covers money the company lends to the director (an overdrawn director’s loan account). It sets out the amount, interest, repayment and default terms, and includes a board minute, a members’ approval resolution and a loan record.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
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Starting a business
for every document in this category
Editable Microsoft Word files
Guidance notes in every document
Written for UK businesses
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