Hi
Can someone please give me the ins and outs of capitalising a directors loan, say if i invested €40,000 and was being paid back by the company but now the company isnt in a position to pay back this loan where do i stand as a minority shareholder and director? should i capitalise my loan/investment is this the best option or is there any cons to doing this? or is there a better way to go forward?
Cheers
Can someone please give me the ins and outs of capitalising a directors loan, say if i invested €40,000 and was being paid back by the company but now the company isnt in a position to pay back this loan where do i stand as a minority shareholder and director? should i capitalise my loan/investment is this the best option or is there any cons to doing this? or is there a better way to go forward?
Cheers