Month: April 2021

British Business Bank

The British Business Bank YOU Pay For Are Compiling Guidance for Brokers Who Feast on Commissions and Fees

April 9, 2021

It gets worse dear website visitor it really does, below you can view in full the Recovery Loan Scheme (RLS) Intermediary (Broker) Guidance the British Business Bank YOU pay for have helped compile. It shows “Brokers” how to earn a healthy commission/fee for “helping” you get a Recovery Loan, the British Business Bank appear to be very chummy with those Brokers, and are eager for them to earn that commission/fee. Why are the British Business Bank YOU pay for not helping SME’s instead? […]

close a limited company
brokers

The Unavoidable Stench of Brokers Given the Greenlight by the British Business Bank to Prey on Recovery Loan Scheme Applicants

April 8, 2021

One common complaint I am receiving about the Recovery Loan Scheme is that it is complicated, well there is a reason it appears to have been designed that way some people are now alleging, and that is to benefit the army of Brokers circling applicants that the British Business Bank have given the green light to, who can bag up to 3% (or even more) of the total loan amount applicants apply for! Talk about bringing the Government into disrepute, shame on the BBB. […]