Bounce Back Loan News Archive – Mr Bounce Back

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[ October 16, 2021 ] Using Funds from a Bounce Back Loan for Crypto Trading Lands Sole Trader with a Six Year Bankruptcy Restrictions Order Premium Content
[ October 15, 2021 ] Two Recent Financial Ombudsman Service Determinations Regarding a Royal Bank of Scotland and a Bank of Scotland BBL Related Complaint – They Find Errors Were Made by The Banks But Do Not Uphold Complaints BBL Complaints and Outcomes
[ October 14, 2021 ] Questions Put to The Government Since August 2021 and the Official Responses Regarding Bounce Back Loans – Including a Proposal for Another 12 Month Delay on Repayments Todays News
[ October 13, 2021 ] Three Company Directors Hit With 6 Year Disqualifications When Winding Up Their Companies for Using Funds From 2 Santander BBLs Worth £23k and £29k and a Lloyds Bank BBL Worth £25k For Personal Benefit Premium Content
[ October 12, 2021 ] Company Director Gets a 9 Year Disqualification Upon Winding Up Business for Obtaining a Starling Bank BBL Worth £25k and a £25k Top Up When It is Revealed His Turnover for 2019 Was Zero and He Used BBL Funds for Personal Benefit Premium Content
[ October 11, 2021 ] Traffic Commissioner Calls a Public Inquiry and Subsequently Revokes Hauliers Operating Licence After Deciding Among Other Things the Business Owner Was Not Eligible for a BBL Some of Which Was Spent on Shoes, Food and Taxing His Car Premium Content
[ October 10, 2021 ] World Mental Health Day – If You Were Forced, Coerced or Needed to Take Out a Bounce Back Loan Spend Some Time Today Making Sure That Loan Is Not Causing Your Mental Health to Suffer For It May Just Be Todays News
[ October 9, 2021 ] Got One or More Bounce Back Loan(s) for Your Business(es)? Then Make a Data Subject Access Request with Cifas to See if Any Lender in That Scheme Has Given You a Fraud Marker Todays News
[ October 8, 2021 ] Over-Egged Turnover, Claiming Business Was Not in Difficulty When Applying for a Barclays BBL When it Was and Using the BBL for Personal Benefit Lands Company Director with a 9 Year Disqualification Premium Content
[ October 6, 2021 ] Breaking News – Financial Ombudsman Service Sound the Alarm Bell and are in a Mad Panic to Employ More Staff to Handle the Expected Avalanche of Additional Bounce Back Loan Scheme Complaints Premium Content
[ October 6, 2021 ] Another Example of the Financial Ombudsman Unable to Intervene When a Bank Blocks an Account and Snatches Back a Bounce Back Loan But Fails to Explain Why Premium Content
[ October 5, 2021 ] Insolvency Service Hands Out Another 6 Year Disqualification to Company Director For Using Most of a £42k Barclays Bounce Back Loan For Personal Benefit Premium Content
[ October 4, 2021 ] Ombudsman Feels £300 is Fair For Delays Endured by HSBC Customer Applying for a CBILS Who Ended Up with a Bounce Back Loan BBL Complaints and Outcomes
[ October 3, 2021 ] Simple Loophole Ensures Banks Can Block Your Bank Account and Snatch Back any Funds Including Bounce Back Loan Funds in That Account at Any Time and the Financial Ombudsman Will Shrug Their Shoulders Premium Content
[ October 2, 2021 ] 5 Year BRO for Indian Takeaway Owner Who Transferred a £50k BBL to a Family Member for No Apparent Reason – 8 Year BRO For Man Who Secured a £50K BBL for a Partnership That Had Ceased Treading Before the BBL Scheme Launched – Co-Directors Hit with a 7 Year Disqualification Premium Content

October 16, 2021

Less Than 48 Hours Left to Apply for a Bounce Back Loan or a BBL Top Up

They do say “all good things must come to an end”, and I will leave it up to you to decide if the Bounce Back Loan scheme could ever be called “good”, however that scheme […]

Could a Bounce Back Loan MKII Scheme Still Be on the Cards?

I have been wondering, dear website visitor, why has Rishi planned to launch the Recovery Loan Scheme with a £25,000 minimum loan amount? Why has he structured it in much the same way as the […]

Got a BBL? You Will Be Getting One of These

Just a quick update, I have been contacted by many people in the last few hours, it appears if you have a BBL you will be getting an email/letter shortly which is an update on […]

Another 30,629 SME’s Secured a Bounce Back Loan

The last but one set of official figures have just been released regarding the number of Bounce Back Loans that have been approved to date. At the last previous count covering the 4th of May […]

What Next for the Weeks and Months Ahead?

The clock is quickly ticking down now until midnight on the 31st of March, and that is of course the time and day when the curtain finally falls on the Bounce Back Loan Scheme. With […]

The Calm Before the Storm Bounce Back Loan Defaults, Repayments and the Recovery Loan Scheme

Just a quick update, as you will all be more than aware the curtain is about to fall on the Bounce Back Loan scheme, then six days after it closes the Recovery Loan scheme will […]

British Business Bank – One Final Act of Betrayal of SME’s

I thought I had seen everything with Bounce Back Loans, but yesterday I saw once again how the British Business Bank has once again betrayed SME’s across the UK. Back on the 1st of February […]

SEISS 4 and SEISS 5 – The small print and eligibility criteria

The UK Government has today announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant. We will contact customers who may be eligible for the fourth SEISS […]

New Recovery Loan Scheme What we Know So Far

Latest update on the Recovery Loan Scheme From British Business Bank: At Budget on 3 March 2021 the government announced that the Recovery Loan Scheme, a new debt finance programme, would launch on 6 April […]

Bounce Back Loan Poll Results Over the Last 10 Months

It will have been 10 full calendar months this coming Thursday that the Bounce Back Loan scheme has been up and running, and during that time I have put up many different polls on my […]