DP wants to loan money from me

I suppose my gut is telling me something isn’t adding up.

Listen to it.

Surely if he were with me to get at my money/ have an easy life he would be nice and kind and caring and there for me? Instead he’s moody and dismissive of my needs due to the depression and stress of potentially having to go bankrupt.

Him being moody and dismissive of your needs is further evidence that you should NOT lend him money. It's not a reason to ignore your gut instinct, quite the opposite!

I'm a business owner. He can get a job.

Have you looked at his accounts on Companies house ? Also why is he having to wait 3-6 months to be paid, I have 15 days payment on my invoices.
A lot doesn't add up. I would be tempted to look at his latest accounts before lending any money

He's full of shit.

He is s business owner.

You are not a bank.

Give him the money, gave him the whole kit and Caboodle, Because you are not listening to us.

But if you give him the money and never see it again, please don’t come back here weeping and gnashing your teeth. Because you were told time and time again NO.

This is a very absurd situation. The reason he's moody and dismissive is because he is entitled. Don't even think of giving this man any of your hard earned cash. No-one can afford to waste money throwing good after bad in this awful cost of living crisis we're in. If the banks with all their resources think your DP is a bad prospect, what makes you think that you as a single individual should take on this level of risk? It's madness.

I run my own limited company and basically what he is telling you just doesn’t add up. You simply aren’t being told the truth.

You really would be extremely unwise to give him money. If you are happy to literally give him money to never see it again then that’s your choice to make.

But factually there are some things that he is categorically lying to you about.

Not a chance you'll get that money back. If he's exhausted all options surely you can see that this is a pattern? You have to factor in the time between invoice submission and payment when you are running a business. Add in that he spends up when he gets it and it's clear he's shit at managing money 🤷‍♀️

He knows this. His intentions may be good right now but, trust me, you are not getting that money back. Once it comes in, he'll do with it what he always does and you won't be top of the list. Having a partner is NOT worth compromising your own wellbeing

What is your relationship like? Be honest. Is he a good partner? Is he kind and generous? Do you feel supported by him?
Do you trust him?

If you can genuinely answer yes to those questions then you could find a way to help him but I've a feeling you don't think you should which is why you posted this.

That's nonsense. Lots of people run businesses and work as well. It means you have a secure income while you build the business.

Throwaway555
He told me he would have to give up being a director (limited company) and fold the company if he took work elsewhere as it wasn’t allowed?

Come on OP, wise up. He said this and he said that. A simple Google would tell you that this is a lie. Im wondering now if you're very young as you sound so naive. He must have seen you coming from a mile off. Take off the love-goggles and pay attention to reality.

Yes, you would be crazy!

He's either a piss poor conman or a crap businessman.

Either way, don't believe a word he says (I note he's lied to you before) and don't give him a penny.

Then kick him out of your life.

I would also think he’d be trying to butter you up if he wanted to get money, but then you are on here questioning if you should give him money or not, so who knows?

OP, he is a terrible liar and you are terribly gullible. Nothing he says adds up. Don’t give him a penny. Run a mile.

Yes, this as well. Apparently the only thing that is possible is that you lend him the money. No. He needs to get some work that he can do now. Most of us have done retail, bar work, cleaning etc. I’ve done all those and if I needed money I’d do them again, in my 50s. If those jobs are somehow beneath him, I’d dump him for that reason alone.

He's either extremely stupid or a very bad liar.

You know it doesn't make any sense but it's like you want someone to tell you it's a good idea so you can justify giving him money even though you know it's a bad idea.

Company directors can 100% have other jobs. And can be directors of multiple companies.

Im normally quite gullible but this is bullshit.

My brother -in-law went bankrupt because he had a couple of large contracts who paid at the very late but he was being chased by companies he'd bought stuff from.

It’s a tricky situation isn’t it and he’s putting a lot of pressure on you which is a little unfair. Do you mind me asking how much he wants to ‘borrow’? There is a chance that you will not get your money back especially if he has a history of being untruthful about money etc. I do wonder, if you lend him the money, if he will then keep asking you for more and more. He could for example then tell you that if you don’t lend even more money the company will go bust and you will lose the money you have already given. It has the potential to be never ending and to get a little messy. If it was me I wouldn’t lend the money.

This. He needs to get some work which pays regularly but has no restrictions on his company running at the same time. He needs to get off his backside and go to work.

Beware of someone who won't take on board any options than the one they present to you.

The chances of you getting any money back are slim to none. Only lend what you can afford to lose.

Who would make him close the company down? Why would the invoices become void?

what is the business?

Unless there is something specific to his line of work this is just getting worse.

He’s busy spinning some shite isn’t he. You’re his only hope. Only you can save him. He can’t work. Big money is coming (honest).

If you decide to give him money you won’t see it again. If he cons you once he’ll spin more bullshit and extort more money from you.

Say no and watch his reaction. A reasonable person would accept your answer. Someone after your money will try to wheedle round your no to convince you to say yes then become very angry when you stick to your boundary.