July 2023 - Page 2 of 23 - Mr Bounce Back - Bounce Back Loan News - Updates

Matching 9 Year Bans Given to Co-Directors For Blagging an HSBC BBL by Over-Egging Their Business Turnover, Which Was Discovered When They Took the Creditor’s Voluntary Liquidation Route

July 28, 2023

Taking the Creditor’s Voluntary Liquidation route with a Company that obtained a BBL by one or more Directors over-egging the turnover of that Company will result in a long disqualification, if it is deemed to be in the public interest, as these Co-Directors discovered. […]

Leaving a Santander Bounce Back Loan Unpaid at Liquidation Leads to a Company Director Getting a 10 Year Ban After It Is Discovered He Over-Egged His Turnover to Get That Loan

July 28, 2023

The Company Director named in the following case is today starting a 10 year ban for blagging a BBL from Santander which was never repaid. […]

Blagging a £50k NatWest BBL By Over-Egging His Business Turnover and Providing No Evidence It Was Spent on His Business, Sees a Company Director Slapped with an 11 Year Ban

July 28, 2023

Here is the tale of yet another wayward £50k NatWest Bounce Back Loan. […]

For Trading to the Detriment of HMRC Which Also Resulted in a BBL Not Being Repaid, a Company Director is Given a 3 Year 6 Month Ban

July 28, 2023

Here is the background story which ultimately led to the Glasgow based Company Director named being given a 3 year 6 month ban. […]

Failing to Repay a NatWest Bounce Back Loan After Securing a Funding Circle CBILs Results in a Modest 5 Year Ban for a Redditch Based Company Director

July 28, 2023

Having taken the Creditors Voluntary Liquidation with his business, it was soon discovered the Director named in the following case had breached the rules of the CBILs scheme in regard to a BBL he never paid back. […]