Loan to director

Set of documents
3 Reviews
Select support levelCompare

Document overview

These sets of documents satisfy the legal requirements for recording that the correct procedure was followed when a company lends to a director. There are two sets: one that allows you to authorise the loan in a general meeting of shareholders or members; and one that follows a newer procedure of using a written resolution. The documents are written in plain English and are presented in standard layouts.
Compliant with the latest law in
  • England & Wales
  • Scotland
Document propertied
Document properties
  • Length:5 pages (790 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this set of documents

These documents allow a company to authorise a loan of money to a director by following one of two possible procedures.

Of all the business of a company, there are few more important that should be recorded than the relationship between a lender company and a borrower director.

Firstly, there are tax implications for both the company and the director. HMR&C may wish to see evidence that the loan was approved by the members and that the terms match the economic reality.

Secondly, if there are shareholders who are not directors, it becomes important also to make quite sure that the records in this document set are properly completed and may be copied among affected parties. A loan to a shareholder-director could be said to be unfairly favourable to him or her, and to the detriment of other members.

The Companies Act 2006 allows you to authorise lending in two ways: in members’ general meeting or by way of written resolution. We have taken advantage of this flexibility by providing two sets of documents – one for each procedure.

The draft minutes and notices provided here are, of course, as required by the Companies Act 2006. They are written in plain English and have standard layouts.

There is no obligation to file a copy of any of these documents at Companies House (unlike a loan to a company).

Documents included

Documents for approval at a general meeting

  1. Minutes of meeting of the directors
  2. Consent to short notice for General Meeting
  3. Notice of General Meeting
  4. Minutes of General Meeting
  5. Proxy voting form

Documents for a written resolution

  1. Minutes of meeting of the directors
  2. Written resolution
  3. Statement under section 291(4)
  4. Member approval to written resolution

This document set does not record the terms of the loan. For that, you will need a separate loan agreement template.


  • suitable for both types: general meeting or written resolution
  • provide option to call a meeting at short notice
  • contain modern provisions in plain English
  • allow you to draw the text of your minutes and resolutions to suit your exact business needs
  • full of practical and commercial help and suggestions
Sample loan to directorSample page from the documents to make a loan to a director

CallTalk to us about this document

We are happy to answer any questions you have. Arrange for us to call you.

Recent reviews

Fast and Helpful
17 July 2017
Fast service and just what I needed. Explanation excellent.
Nicholas Lockwood
Great Service
05 June 2015
Speedy email service, templates delivered covered exactly what they said they would, and were easy to use with clear instructions. Really good online service.
Kevin Sander
Great Service
06 March 2015
Simple to use and explanatory notes very clear.
Lawrence Wong

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
(incl VAT)
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Most Popular

Lawyer Assist

Support from our legal team during and after editing
203 Reviews
(incl VAT)
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign


Drafted for you, to your precise requirements
(incl VAT)
  • okA document drawn just for you to your exact requirements
  • okPersonalised service provided by an experienced solicitor
  • okFree discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
  • okTransparent fees - a fixed fee for the basic work, a fixed hourly rate for new or changed instructions, and no charge for office overheads or third party disbursements
  • okCareful and thorough consideration of your circumstances and your consequent likely practical and legal requirements
  • okProvision of options that you may not have considered with availability for discussion
  • okHelp and advice woven into the fabric of our service so that you can make the best decisions
© 2000 - 2024 Net Lawman Limited.
All rights reserved