Using Pensions to secure business finance

Forrester Boyd Wealth Management and Forrester Boyd Chartered Accountants are working together to provide businesses with the advice they need to secure finance.

If you are trying to secure business finance then make sure you are considering the option of using your pension fund to look at either buying your business premises to release a cash injection into the business or to provide a commercial loan back to the business.

This area requires specialist advice both from a qualified pensions adviser and your accountant. We are uniquely placed to give you both perspectives and provide the combined advice that you require.

One of our pension partners, Dentons, has allowed us to use their case studies to illustrate how this option of releasing equity can help.

These case studies look at how a Self-Invested Personal Pension (SIPP) could be used to purchase part of a firm’s business premises and release cash into the business, to assist with cashflow or remove borrowings from a business.

A Small Self-Administered Scheme (SSAS) can also be considered for Limited Companies which may be able to either purchase property or arrange a loan back to the company.