If you have been following the Greensill saga, then this coming week you really do need to pencil in some time to watch two must-see Commons Treasury Committee meetings, those being the ones in which Lex Greensill and “Dodgy” David Cameron will be hauled over the coals. […]
I gave you all a warning back on the 8th of April about the Bank Referral Scheme, and how it pushes vulnerable SMEs declined a Recovery Loan by some of the accredited banks into the hands of Government approved “Loan Sharks”. Well, the British Business Bank are now trying to spin that scheme as a good thing and have given it prominence on their website. […]
Once again, I have been contacted by customers of a BBL accredited lender, this time it is Starling Bank, letting me know they have been sending out more “Default Notices” in which they demand an immediate repayment of a Bounce Back Loan, and as you can see from the following email, they are somewhat impersonal. […]
For those of you with a Bounce Back Loan from HSBC, be aware they are, two months before your repayments are due, sending out EchoSign’s reminding you of the fact, and letting you know what to do if you want to take any of the PAYG options if you are someone who got an HSBC BBL via a Feeder Account. Here is the standard letter you will receive via that EchoSign. […]
I did warn those of you with a Bounce Back Loan with Santander to be aware that they are checking accounts and demanding answers if anything you told them does not appear to be correct, well they are still doing so. […]
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