DP wants to loan money from me

[Throwaway555]

DP’s business is going through a rough patch, he has outstanding invoices that are due to be paid in 3- 6 months that will get him back on track.

He is running out of money to live and run his business and has asked me to assist him financially until he gets paid and will then reimburse me. Amount as of yet, unknown.

We have been together 3 years, don’t live together and had our ups and downs. He’s struggling with depression due to his situation but also not able or willing to support me in ways I need, like emotionally and physically, because of this.

He has lied to me about his financial position in the past. Exaggerated his income and net worth to impress me at the beginning. Would I be crazy to loan him money?

What is on CH is the balance sheet/statement of financial position, which basically tells you the value of a company’s assets less any debts. The tax could be income tax, VAT, corporation tax, or all of them combined.

From this year, all companies will be required to post their P&L on CH.

CH accounts are next to useless tbh as just balance sheets
Defo needs profit and loss accounts

Hi @Throwaway555 did the loan crop up again?

Quite.

@Throwaway555 He sounds a dead loss to be honest, both as a businessman and as a partner.

He lies about his finances, he is moody, dismissive and unsupportive?

You can do better than him. You deserve better too.

Keep your money and dump him.

Men should never ask women for money, you are not his mother

Definitely don't.

3 years with a partner is a relatively short time together to ask for a large amount of money. Unless I was married, we had kids and a shared life that was dependent on his business, I wouldnt be lending any money.

You can offer to help him try to fix it though and go through his accounts with him etc.

He also needs to rethink his invoicing strategy in the future if it isnt sustainable.

Sounds like a romance scammer