Forum Replies Created
Apologies for that.. Had my 11pm brain not working.
I am talking about purchasing shares in a firm I work for that is non ASX listed. Isn’t a small backyard dodgy type deal this is a 10,000 employee global firm.
Because it isn’t ASX listed the typical marginal type loans aren’t available . Also what I have found is that the banks won’t really take to account existing shareholdings or values/returns on the investment being a “private investment” I do have equity in my property I could use however not sure if this is the best approach or what other options I could have..
Using a personal loan has had taxation advantages for me however given you rely on dividends to service the loan you have to be very diligent with your cashflow..
Just wondering if anyone has had similar difficulties and if anyone has some creative ideas.
Thanks CharlieX for the response