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FAQs

How do I put money into my company to pay for initial expenses?

To keep everything tidy from the outset it is a good idea to loan your business some money to cover initial costs whilst you’re waiting for payment from your first customer.

You can transfer money into the company and record it as a director's loan. When your company has enough funds at a later date, you can then withdraw this amount tax free to repay the loan.

Read this guide to see how to record the loan in Provestor.