July 2021 - Page 3 of 8 - Mr Bounce Back - Bounce Back Loan News - Updates

Finding Business Tough at the Minute? Discover How You Can Bid for Government Contracts Some of Which Will be Tailored at Your Business Type and Can Be High in Value Too

July 25, 2021

Looking for new customers can be a never ending and sometimes daunting task, however with organisations such as the British Business Bank offering contracts worth £75,000 for “Social Media Support”, £89,209 for “cleaning services” for their Sheffield office and even contracts worth £40,000 for “courier services” and £40,000 for “catering services”, that being keeping their staff fed and watered during meetings, you should consider applying […]

Four More Recovery Loan Lenders Accredited on the Day Two British Business Bank Bosses Are Dragged Over the Coals by the Public Accounts Committee Investigating the Greensill Saga

July 23, 2021

The phrase “lessons will be learned” is one you are going to hear quite a lot of moving forward, much more so when it comes to the Government backed loan schemes, and yesterday it was rolled out several times during a Public Accounts Committee meeting in which they had sat before them a couple of hapless bosses of the British Business Bank. […]

All Freedom of Information Requests Received by and the Replies Sent Out by the Department for Business, Energy and Industrial Strategy (BEIS) Related to Bounce Back Loans

July 22, 2021

I asked for and have been sent every single Freedom of Information Request received by and the replies sent out by the Department for Business, Energy and Industrial Strategy (BEIS) that are in any way shape or form related to Bounce Back Loans, and as such here they all […]

Liquidator Unable to Determine When a Company Started and Ceased Trading and Whether Turnover Was Correct or Over-Egged when Director Applied for a £48,750 BBL – Outcome Director Disqualified for 7 Years

July 21, 2021

The list of Company Directors being handed long disqualifications when winding up their companies is growing, and will no doubt continue to grow moving forward, much more so with the new Bill working its way through Parliament that aims to punish those winding up companies “dubiously” when there is a BBL involved. Here is another one I have come across which saw a Company Director being disqualified for 7 years. […]

Tide Bang the Final Nail in the Coffin for Many of Their BBL Recipients Whilst Rishi Sunak, Kwasi Kwarteng, Paul Scully and Members of the House of Lords Who Get Paid by Tide Swan Off on Holiday

July 21, 2021

Many of you are more than aware of the stunts that Tide pulled with their Bounce Back Loan scheme, dodgy waiting lists, running out of money, bagging a £25m BCR Grant etc, well now they have stuck two fingers up to the few customers who managed to get a BBL from them, telling them they can do one and get stuffed if they think they are going to get access to the Pay As You Grow Options that Rishi Sunak has said are automatic and so easy to get. […]