Month: August 2022

Subscriber Special 2

How to Get Your Bounce Back Loan Paid Back to the Bank Via the Government Guarantee Leaving You to Have a Good Nights Sleep and Finally Try to Bounce Back

August 24, 2022

With so many Bounce Back Loans having already been paid back to the banks, and with even more guarantee claims sat in the system waiting to be paid back to them, you may be in a position whereby you cannot repay your BBL and need it paying back to the bank via the guarantee given to them by the British Business Bank, if so read on. […]

The Disqualification Files

12 Year Disqualification for Company Director Who Not Only Blagged a Bounce Back Loan but Also Scammed a Job Retention Support Grant and a Local Council Support Grant Making Off with £117,218.21 in Total

August 24, 2022

Those of you who never received any support for your business during the pandemic, will be furious when you hear how the business owner in today’s case blagged his way to a six-figure sum. He has just been given a 12-year disqualification for his wrongdoing. […]

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The Disqualification Files

HSBC £35.5k Bounce Back Loan Used for the Personal Benefit of a Company Director Resulting in Him Getting a 5 Year Disqualification

August 23, 2022

Surely it must have dawned on some of the never-ending stream of Company Directors that used Bounce Back Loans for personal benefit and left them owing at the liquidation of their businesses, that questions would be asked. Here is another case which saw one such Director being given a lenient looking 5-year disqualification for the BBL related wrongdoing highlighted. […]

The Disqualification Files

Leaving His Business with Assets Worth £0.01 After Using an £18k Bounce Back Loan from Lloyds Bank For Personal Benefit, Including Buying a Motorbike, Sees Company Director Hit with a 5 Year Disqualification

August 22, 2022

We all know some Bounce Back Loans were used to buy all manner of things for the personal benefit of business owners, and the one in todays case bought a motorbike and made cash withdrawals leaving his business’ BBL owing at liquidation and is now starting a 5 Year disqualification. […]