DP wants to loan money from me

If no one will loan him the money and he can’t get anything in now by hustling new contracts or extra work or something then he does not have a viable business.

Don’t lend it to him. Speaking as a small business owner myself. He hasn’t learnt cash flow management. He needs a business loan from a bank, and if banks won’t stump up then that’s all you need to know.

If it's true with the ex then he didn't learn about cash flow then so why it is going to be different this time. Wonder if her recollection is the same as his on how it all panned out.

Don't give him a penny.

And find yourself someone else, love. You say yourself he doesn't support you either emotionally or physically and you don't live together.

Just dump him.

You would be incredibly stupid to do this.
The reason he can't get finance is because he's too big a risk.

He's hardly likely to tell you he never paid his ex back is he?

And if he owns his own home they're probably threatening bankruptcy.

Definitely don't loan and don't let him move on with you either. Sounds like he's going to steal your money and your joy.

But what does the ex say? And why are they an ex…

Banks definitely understand complicated invoices, so he must be lying to you again.

I wouldn’t give him a penny - you won’t get it back.

How was he planning to live on no income for a whole year anyway? I’m sure we’d all like to know the answer to that one!

Depends how much it is but Tesco happily gave me a credit card for £5800 I only asked for £4k to cover a new car as was cheaper than financing and with 0% interest for 28 months. I have limited income and haven’t borrowed before. Might be worth checking?

Look if you are in a committed relationship then you can find some ways to help. Can he move in with you ? Sublet his place and save some cash? You could offer to buy some essentials. But if I was in your position I'd either be offering practical help eg some food shops or chasing invoices rather than loaning a lump sum. That way you can control how much and you can view this as gifts not loans.
You've also not said the amount vs what you have. If you are on 100k per annum and he wants £100, totally different story to you being on 30k and him wanting 10k.
That's why I'd focus on practical help not a big cheque

Unless you can afford to lose this money, do not lend it. You are not responsible for the success or failure of his business, he is. It is up to him to finance and operate his business in such a way that he can earn a living. If he can't do that, he needs to get a job.

If he cannot get bank support or factor his invoices, it means that his business is viewed as high risk. Is that a risk you are willing to take on? What is he proposing? Is there a contract? Security? Interest rate?

My exH had a business, he was shit at managing the money side too. I 'lent' him money, he still owes me over £100,000.00. We split in 2017, I will never see that money again. Don't do it.

Also, dump him. You don't need that shitshow in your life. It messes with your head.

Hell. No.

He is a finacial disaster...

Suggest to him that you'll need to consult a financial advisor to draw up a legal contract regarding a loan.
Watch him squirm.

The split voting is a reflection of your question which is poorly phrased. I mean this factually not pedantically.

The long and short is you shouldn’t give him a penny and you would be very stupid to expect any of the money you do “loan” him back

What do you think the answer is, OP? What would you advise a friend?

Sorry OP but based on this I think he’s lying to you with the invoices talk. I suspect the truth is closer to him having no or very low income in the last year. In which case, especially as he’s depressed, is he likely to be able to turn this around and pay you back?

Mostly, as you have not been together long and it doesn’t sound as if he will make this loan formal and manage to repay it, it would be a hard no.

He needs to pay his tax is my bet.

I definitely believe that no one wants to loan him the money.

and he can cut the depression bullshit out.

this is either fucking business or it isn’t, depression has nothing to do with the validity of the invoices or the likelihood of getting paid - which is nil by the way.

He is not a good businessman, that is reason enough to not lend him money.

If you do need another reason, I can almost guarantee you won’t see this money again if you break up.

Total bullshit. He can't get finance because there's something wrong. Do not give him the money, you'd be better off burning it and at least getting some warmth from the flames.

You already know he's a liar!

So apparently other finance means have been exhausted and no one wants to loan him the money.

You know that means that they won't lend him the money because they don't think m he's good for it don't you?

He tells you?
He's adamant he's learnt his lesson?
Sweetheart. Wakey-wakey!

If a factoring company genuinely won't touch him - and there are some pretty unfussy operators out there - then something's very dodgy here

If no one wants to lend him money, ask yourself why that might be.

He's not a good bet for paying it back. Run. Fast.

Remember the invoice needs to repay what he's borrowed on it. Plus act as cash flow for the period before he's paid for the next one. And tax.

Legitimate invoices are never so complicated a financial institution can not understand them. That's BS for a start.
If he can not manage the cash flow to avoid asking you to sub him then the business isn't viable and he needs to find alternatives
Don't do it