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BOI - Adhoc Business Loan Repayments

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  • 31-12-2015 8:28pm
    #1
    Buttercake
    Registered Users Posts: 539 ✭✭✭


    Hi folks,

    If I have a business loan in my Ltd company for €30,000 repaying back €1,000 per month.

    can I transfer different amounts to the loan account ad hoc? I.e if I have a good month, can I transfer €5k to the loan account? And then €1k the next month.. Maybe another €3k in a few months after etc etc


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    #2
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    Moved to Talk to Bank of Ireland forum.


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    #3
    Bank of Ireland: Tara P
    Closed Accounts Posts: 573 ✭✭✭Bank of Ireland: Tara P


    Hi,

    Thank you for contacting us here on Boards.ie.

    Yes, once you pay the agreed loan repayment due each month you make additional transfers if you wish to do so.

    Hope this helps.

    Happy New Year,
    Tara C


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