As most people sat in amazement watching Dominic Cummings lay into Boris and Hancock yesterday, the British Business Bank announced the accreditation of two lenders on the 26th of May 2021, one of which is BCRS Business Loans, however they are a regional lender and one that does charge some hefty […]
The British Business Bank are currently accrediting several additional Recovery Loan Lenders, and one that is now offering those loans is Close Brothers, who will allow you to apply if you are currently one of their Invoice Finance customers or are prepared […]
As you may recall I made contact with Charles Leslie from the Credit Services Association in the hope that he could explain the code of ethics and standards that all debt collectors and recover agents signed up to that Association he heads will be expected to adhere to when asked to attempt to recover funds from those defaulting on Bounce Back Loans, and a range […]
It looks like Starling Bank have finally given in to pressure to get their PAYG BBL Options live but be warned they are monitoring Companies House and demanding repayment of Bounce Back Loans in full if anything is amiss, and HSBC are delaying the activation of those options for some SMEs too. Feedback received also indicates that HSBC […]
Worryingly, I have had a slew of complaints about Barclays demanding repayment of BBLs sent to me over the weekend (for various different reasons) and today I will give you an insight into what they are offering one of those customers by way of options for repayment before they farm them off to their collections team and/or debt collectors. […]
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