Shiv Haria began investing with rebuildingsociety.com in 2019, using his annual ISA allowance to lend to his property company, Lifestyle Property People.
Haria co-founded Lifestyle Property People in 2015. The company helps people to invest in the northern buy-to-let markets of Leeds and Sheffield. A full-service company, Haria and his team help investors source the perfect property and then assist with the process of purchasing, refurbishing and renting the property out.
The thing that attracted me to put my Director's Loan into my ISA allowance is the fact that I could invest my own money into my business, and give my business the funds that it requires to grow.
- SHIV HARIA, ENTREPRENEUR
Haria uses the Director’s Loan Account Innovative Finance ISA from rebuildingsociety.com to lend to his property business through an ISA wrapper. While Haria earns tax-free interest, the business has access to the capital.
For the same reason, Shiv Haria's wife also uses her ISA to invest in Lifestyle Property People. Formalised friends and family loans is another benefit of the Director's Loan ISA.
Please note tax treatment depends on the individual circumstances of each client and may be subject to change in future. Any unrepaid capital is at risk. There is no FSCS protection.
Combining an Innovative Finance ISA with a formalised Director’s Loan is a unique solution for entrepreneurs and business owners. It's a cheaper and quicker way to secure business funding than borrowing from a bank, with benefits for both the investor and the business.
- No CT61 forms
- HMRC-audited
- Quick set-up via a secure app
I thought the setup process was actually very, very simple and straightforward.
- SHIV HARIA, ENTREPRENEUR
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