Nikki Scott-Despaigne Jul 9, 2012:

As I understand it partnerhisp loan = partnership lending to the partner
partnership loan, partnership loan facility = bank loan to a partner for the partner to buy his way into the partnership or to contribute capital to the partnership
partner loan = partner lending money to the partnership (the IR use a clear explanatory form of words for this one).

In order to avoid ambiguity, the way the Inland Revenu express it suits me for a reference.

Note that I edited the first line of my previous post where I had originally written : ...a loan from the partnership to the business. (Oops).

@ Wolf : I do not consider partnership loan and partner loan as being synonymous, rather who is lending and who is borrowing is reversed.

Wolf Draeger Jul 9, 2012:

Hi Nikki I understand a partnership loan as being simply an instance of a partner lending to the business; synonymous with "partner loan", but more current, I think.

Nikki Scott-Despaigne Jul 9, 2012:

@ Wolf "Partnership loan" is used in the UK to describe a loan from the partnership to the partner. This is the other way round : a loan from the partner to the partnership, the partner investing in the partnership... , shoring it up, or even bailing it out.
"Partnership loan" is also used to describe a loan facility operated by banks to enable partners to borrow in order to raise funds to buy into the partnership or whatever.

http://www.hmrc.gov.uk/manuals/cfmmanual/cfm36050.htm

Wolf Draeger Jul 9, 2012:

How about simply partnership loans, or director's loans if the company is not a partnership?

philgoddard Jul 9, 2012:

You suggest "partner" - does that mean it's a partnership?