Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Intercompany Loans
Change Date : 23/04/2025 | Word Count: 62 | Deployment Measure : 8/10
Rationale:
This draft paragraph makes it clear that intercompany loans cannot be accepted as a source of balance of funds unless disclosed to the lender and approved by them. For limited company borrowers, you must also confirm with the lender whether they accept unsecured director loans as part of the funding.
For the purposes of 5.13.1 of the Handbook you must not accept intercompany loans as a source of balance of funds and should be disclosed to the lender to see
…