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Exit Planning Tools
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- Aha Planner
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- The Grid

A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

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Definition of Internal Loan on The Grid Glossary

Internal Loan

Published on 2024-08-14 | Last edited on 2024-08-15

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Definition

In an ESOP or EOT transaction, the internal loan will be between the Trustee, on behalf of the Trust, and the company, with a loan provided by a third party such as a bank (as an external loan). This is a "reloan," because the bank would not lend directly to the ESOP.

Internal Loan

Definition

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