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Tip of The Week – 14/06/2021

Financing your business recovery

If you are struggling to finance your recovery plans for your business, talk to an IFA about ways you may be able to use your pension fund to finance either a property acquisition or working capital.

A SIPP is a form of pension fund that can acquire commercial property, which is held by the fund, and might then be rented to your business. A SSAS if a form of pension that might prove even more flexible.

Your IFA will be able to give you more detail and advise whether it is appropriate for you, in your particular circumstances.

If you need help or to find out more, you know where to find us.

www.thelongpartnership.co.uk

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