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andy wants to know what happens to shareholder or director loans when a business is sold hey there im david c barnett and youre tuned into small business and deal making the broadcast podcast youtube channel where i talk about buying selling financing and managing small and medium sized businesses while controlling risk so if youre looking to take control of your future through buying a business one day or if you already own a business and youre looking to grow or exit youve come to the right place i talk about interesting things i talk to interesting people and i answer your questions every week right here so be sure to hit like be sure to hit subscribe and lets get to it so first of all lets get some lets get some terms out of the way so when you own a business were were only going to see these directors or shareholder loans in corporate entities so were talking about corporations um and or or some other kind of legal structure depending on what country youre in where th