business loans | AccountingWEB

business loans

Hi there


Quick question:

If a company takes out a commercial loan and repays monthly how do you record it?



we have a new client that is trying to act as a quasi broker for commercial loans - he is in effect an introducer -  is any form of registration required either with HMRC or FCA.

More than 40% of small businesses loan applications are turned down, according to new research by the Federation of Small Businesses (FSB).


Just hours before the 2012 Budget announcement, the government has finally launched the National Loan Guarantee Scheme (NLGS) offering cheaper credit to small companies.