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Lending Money to Your SMSF

Posted by Northadvisory on September 12, 2016

One of the lessor known benefits of having a SMSF is the flexible financing options that are available. Many SMSF trustees still don’t realise they can actually lend money to their SMSF and charge the sort of rates achieved by banks and other financial institutions. It’s possible to lend money to your own SMSF through a Limited Recourse Borrowing Arrangement, this is commonly called a member loan. The structure is simple, instead of your SMSF going to the bank to get a loan to buy an asset, usually a property, your SMSF can lend money directly from you as a member of the SMSF.

If you have any questions regarding how you can lend money to your SMSF please feel free to contact;

Cayle Petritsch
SMSF Specialist Advisor
T: 02 9984 7774
E: caylep@nac.com.au

Martin van der Saag
Director
T: 02 9984 7774
E: martinv@nac.com.au