Debt in order to exit a Shareholder
Hi everyone,
I have a company form by two shareholders (I'm one of them) is it possible to borrow debt through the company (which just have a working capital credit) in order to pay my partner shares?
Thanks all
Theoretically yes but practically speaking probably hard to borrow that level of debt unless it's a pretty low negotiated buyout price.
Yes, simply put upstream loans are a thing. However there are potentially tax consequences which will vary from jurisdiction to jurisdiction.
Consectetur fugiat voluptatum unde totam et sapiente in. Consequatur perspiciatis autem dolor maxime magni eius consequuntur sit. Id qui quis quasi perferendis nostrum nobis. Sit quibusdam reprehenderit impedit. Voluptate laudantium voluptatum veniam quasi dolore cumque.
Nihil velit architecto vel sed. Voluptas autem ut molestias itaque sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...