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[ December 7, 2023 ] NatWest Bounce Back Loan Blagger Who Over-Egged His Turnover to Get That BBL, Returns to the Liquidator Funds He Transferred to Himself, But Is Today Starting a 9 Year Ban For His Wrongdoing The Disqualification Files
[ December 7, 2023 ] Director of a Company Who is Today Starting a 10 Year Ban for Blagging a BBL From Starling Bank By Over-Egging His Business Turnover, the Actual Turnover Was £0, Offers Liquidators 23p in the £ to Put the Matter To Bed The Disqualification Files
[ December 7, 2023 ] Lord Agnew’s BBL Bounty Hunters Make a Loss By Paying to Fund the Litigation Against a Director Who For Reference Is Today Starting an 8 Year Ban For Blagging a £50k Bounce Back Loan from Barclays By Over-Egging His Turnover BBL Bounty Hunters
[ December 7, 2023 ] For Blagging a BBL from NatWest By Over-Egging His Turnover, Then Using the Funds on “Speculative Investments” a Company Director is Today Starting an 11 Year Ban The Disqualification Files
[ December 7, 2023 ] Builder Sentenced to 20 Months Imprisonment Suspended for 2 Years for Fraud by False Representation for Over-Egging His Turnover to Blag a £50k Bounce Back Loan Which He Ultimately Loses to a Cryptocurrency Scam BBL Jailbirds
[ December 7, 2023 ] I Receive So Many Calls About the Bounce Back Loan Defaulter Discount Letters, Here is a Reminder of What to Expect if You Get One and What You Will Be Offered and What You Can Counter Offer Todays News
[ December 6, 2023 ] For Not Proving Transfers Made from Funds from a £50k NatWest BBL He Over-Egged His Turnover to Get Benefitted His Business, and For Over-Egging That Turnover, a Director is Today Starting a 9 Year Ban The Disqualification Files
[ December 6, 2023 ] Having Massively Over-Egged His Turnover to Blag a £50k BBL from Barclays, Then Sent the Money to Himself and Third Parties, and Withdrawn Some in Cash, Then Taken the Insolvency Route Himself, a Director Gets an 11 Year Ban The Disqualification Files
[ December 6, 2023 ] Barclays Discover a Customer Blagged a Bounce Back Loan from Them When Not Eligible and Gets Her Company Wound Up in the High Court, 13 Months Later, (Today) That Director is Starting an 11 Year Ban and Lord Agnew’s Bounty Hunters are Circling to Hound Her for Repayment BBL Bounty Hunters
[ December 6, 2023 ] Lord Agnew’s Bounce Back Loan Bounty Hunters Pay £1 to Liquidators to Take On a Case (They Will Get a Share of Money Recovered From) to Recover Funds From a Director Who is Today Starting a 12 Year Ban for Blagging Two BBLs After Barclays Got His Company Wound Up in the High Court BBL Bounty Hunters
[ December 5, 2023 ] Wellingborough Based Director Gets a £5k Barclays BBL By Declaring His Turnover as £20k Then Tries His Luck at Getting and Does Secure a Second BBL from HSBC Worth £50k By Declaring a Turnover of £200k For Which He is Given an 11 Year Ban The Disqualification Files
[ December 5, 2023 ] Another Wembley Based Director Given an 11 Year Ban For Blagging a £50k HSBC Bounce Back Loan By Over-Egging Her Turnover, Which Was Really £0, and Bunging a Family Member at Least £31,350 of the BBL Funds The Disqualification Files
[ December 5, 2023 ] Wembley Based Director Who Was Permitted to Estimate His Turnover to Get a BBL Given a 10 Year Ban For Failing To Show How He Reasonably Arrived at The Turnover Figure He Self-Declared When Applying for a £50k Bounce Back Loan The Disqualification Files
[ December 5, 2023 ] Loughton Based Company Director Gets Off Light With Just a 6 Year Ban For Over-Egging His Turnover to Blag a £50k Bounce Back Loan From Lloyds Bank and Not Paying It Back The Disqualification Files
[ December 5, 2023 ] Bury Based Company Director Given a 9 Year Ban For Massively Over-Egging Her Estimated Turnover to Get a £40k Barclays Bounce Back Loan When Not Permitted To Estimate That Figure The Disqualification Files

December 7, 2023

Can I Spend My Bounce Back Loan as I See Fit?

July 5, 2020 Twitter Vault

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Hi I’m not sure if you cover this I’m sure I have been accepted for a bounce back loan (not received funds yet). My question is if you have any knowledge that I’m a sole trader and don’t have employee’s will my loan be monitored on how I spend or can I spend at my will any info would be great thanks

So can that be my normal outgoing wages. Can I transfer into my current personal acc cheers

Note: As soon as it is paid it is your money obviously needs repaying you can spend it as you see fit for your business. Yes you can transfer it where you like for business purposes, to be honest most people immediately transfer it out of their account once it lands!

Barclays

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