For those of you that wish to approach Danske Bank for a Recovery Loan be aware that you do need to be an existing customer to access their facility, but as was seen during the lifetime of the BBL scheme with many banks, they are claiming to be overwhelmed with new account applications. […]
You have to hand it to most banks and lenders, if there is a way that they can devise of earning a chunk of your business income, they will dream it up and that is what you could say about Skipton Business Finance, so let us take a look at how they have designed their Recovery Loan Scheme facility. […]
The criteria and rules for applying a Recovery Loan with Ulster Bank are much the same as with their sister banks those being NatWest Bank and the Royal Bank of Scotland, and it has become very apparent not many SMEs are being unsuccessful at getting one of those loans with all three banks, in fact most SMEs are not even attempting to apply. […]
No major surprise to learn that Bank of Scotland are taking an identical approach to Recovery Loans as Lloyds Bank and as such this is what you will be faced with if you wish to apply for one of those hard to get Government Guaranteed (80%) loans with the former named bank […]
Much like all other banks and lenders that are part of the Recovery Loan Scheme, RBS that being the Royal Bank of Scotland have designed their facility to reject as many SMEs as possible and push them towards their own range of loans instead. […]
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