• Can We Borrow From A Business

    By Guest on 24th May 2014

    Can we borrow from a business overdraft to help fund our purchase?

  • 1 Answers

    By Guest on 26/07/2014

    That will depend on 2 things, first, whether the terms of your overdraft state what you can use the money for (i.e. Do you have to use it for the business?) and second, whether you are getting a mortgage, in which case you'll need to tell your mortgage lender and it may affect whether they will still lend you the same amount.

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