Daily Update – Mr Bounce Back – Bounce Back Loan Complaints

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[ July 22, 2021 ] All Freedom of Information Requests Received by and the Replies Sent Out by the Department for Business, Energy and Industrial Strategy (BEIS) Related to Bounce Back Loans Premium Content
[ July 21, 2021 ] Liquidator Unable to Determine When a Company Started and Ceased Trading and Whether Turnover Was Correct or Over-Egged when Director Applied for a £48,750 BBL – Outcome Director Disqualified for 7 Years Premium Content
[ July 21, 2021 ] Tide Bang the Final Nail in the Coffin for Many of Their BBL Recipients Whilst Rishi Sunak, Kwasi Kwarteng, Paul Scully and Members of the House of Lords Who Get Paid by Tide Swan Off on Holiday Premium Content
[ July 20, 2021 ] Is the Idea Put Forward by One MP Regarding Turning the Bounce Back Loan Scheme into a Student Loan Type of Scheme a Good One? Give Me a Call and Let us Discuss It Todays News
[ July 19, 2021 ] Sadly SEISS 5 Claim Dates Look Later Than Last Time – Rishi Pulls a Nasty Trick Before Swanning Off on His Holidays – Check Your Claim Date Todays News
[ July 17, 2021 ] Businessman Applies for and Secures a Bounce Back Loan Worth a Tasty £30,000 But for a Company Not Trading, Then Liquidates Company and is Disqualified for 6 Years The Disqualification Files
[ July 17, 2021 ] Six Year Disqualification for Company Director That Used Just £617 of a £20,000 Bounce Back Loan on Business Expenditure and Paid Himself/Associates the Remainder The Disqualification Files
[ July 17, 2021 ] Another Person Disqualified for 6 Years This Time for Using Half of a £39,000 Bounce Back Loan for Personal Benefit Which He Applied for Three Days After Instructing Liquidators to Liquidate His Company The Disqualification Files
[ July 17, 2021 ] Another Company Director Disqualified for Over-Egging Turnover and Not Supplying Proof That a Bounce Back Loan Was Used to Benefit His Business Premium Content
[ July 16, 2021 ] HSBC Now Offering Not Only Cash Compensation to Those They Have Completely Messed Up the BBL PAYG Options for, But Are Now Offering a Couple of Months Breathing Space Too Premium Content
[ July 15, 2021 ] Delays to Pay As You Grow Options Continue with Barclays Bank Staff Admitting “It’s All Messed Up” and HSBC Are Now Checking Kinetic Accounts and Closing Some of Them and Requesting Repayment of BBLs Premium Content
[ July 15, 2021 ] We Must All Get Behind Owen Thompson SNP MP for Midlothian In His Quest for Bounce Back Loans to Be Switched Into a Student Loan Type Arrangement – SMEs Only Repay When They Can Afford to Todays News
[ July 14, 2021 ] Senior Banker States: “We Are More Worried About Losing Our BBL Guarantees Than Killing Off Small and Medium Sized Businesses” and an Update on the Rating and Directors Disqualification Bill Premium Content
[ July 13, 2021 ] Fancy a Job Untangling the Mess That is Bounce Back Loans? Well One Bank is Looking for You! Premium Content
[ July 12, 2021 ] No New Recovery Loan Lenders Accredited for 3 Weeks – Are Financial Institutions Too Embarrassed to Be Associated with That Hare-Brained Loan Scheme? Premium Content

July 22, 2021

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

March 30, 2021

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?

March 27, 2021

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

March 25, 2021

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

March 25, 2021

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?

March 24, 2021

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

March 17, 2021

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

March 5, 2021

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

March 4, 2021

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

March 3, 2021

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

March 1, 2021

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 […]