Self Employed Income: Directors Loan Payback
Our standard acceptability
Indicates if we can accept repayment of a directors loan as an acceptable source of income for affordability purposes. Often directors will first take back any money they introduced into the business as a directors loan before formally drawing a salary or taking dividends.
Family Building Society does not accept payback of a directors loan as an income that can be used in our affordability assessment.Criteria categories:
- self employed income
29 August 2018