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Limited account with working capital!
 

hi,

I have two business accounts and 1 personal account.

paypal have just closed one of my business accounts for security reasons! and limited my other 2 accounts as they are linked.
Problem I have is I have a £10k working capital loan in the business account that is now limited, it says I cant send or receive money.
Now I have no problem making the payments towards the working capital but I am worried how I can do this, I am guessing I could transfer money from bank account to paypal account and this will then cover the payments, but not even sure if this will work, but I am most worried about them saying they want it paid back in full now or something! as I can no longer receive payments into the account direct from sales.

Any one else had account limited with working capital in it?
thanks

Re: Limited account with working capital!
 

call the bank who loaned you the money. It is not paypal.

Re: Limited account with working capital!
 

You need to contact them and ask them. They will be able to give you the best advise