www.esuperfund.com.au

Loans


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Loans to Non Related Parties

Clients of ESUPERFUND are permitted to Loan monies from their SMSF to the extent permitted by Law. It is important to understand that it is illegal for SMSFs to lend monies to "related" parties. Related Parties are essentially entities related to you or people related to you by blood or marriage. If you decide to lend monies from your SMSF you are responsible to ensure that these investments do not breach super laws. In addition appropriate loan documentation must be maintained evidencing the investment and the loan must be on commercial terms (meaning a commercial rate of interest must be paid).