Daily Update – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ November 24, 2022 ] After Working Out a Company Was Not Trading When It Secured a Santander Bounce Back Loan by Checking Its Bank Account, Whether It Was Paying Business Rates and the Lease of the Business Premises, a Director is Given a 10 Year Ban for BBL Wrongdoing The Disqualification Files
[ November 23, 2022 ] 10 Year Ban for Getting a Barclays Bounce Back Loan of £50k By Over-Egging His Company’s Turnover When Only Entitled to a BBL Valued at a Tad Under £10k and Leaving it Owing at Liquidation The Disqualification Files
[ November 21, 2022 ] The Insolvency Service Refuses, On the Grounds of Befuddlement and Then Cost, to Give Figures on the Number of Company Directors Who Have Successfully Appealed a Decision to Ban Them for Bounce Back Loan Wrongdoing Subscriber Special
[ November 21, 2022 ] Skulduggery with a £50k Barclays Bounce Back Loan and Blagging Tower Hamlets Council Out of Business Grants, Sees a Company Director Slapped with a 9 Year Disqualification The Disqualification Files
[ November 21, 2022 ] Having Blagged a £50k Bounce Back Loan from Santander for His Business That it Was Not Entitled to and then Transferring it to Himself and Taking the Insolvency Route with the BBL Still Owing, a Company Director is Given an 11 Year Ban The Disqualification Files
[ November 21, 2022 ] Over-Egging His Company’s Turnover to Secure a Bounce Back Loan Higher in Value Than Eligible for, Then Signing to Get His Company Struck Off Results in a Company Director Getting a 9 Year Ban The Disqualification Files
[ November 20, 2022 ] NatWest Decline a Customers Bounce Back Loan Stating He Wasn’t Trading Prior to March 1st, 2020, Even Though He Had Been Trading for Years – Ombudsman Finally Orders Them to Pay Him £250 BBL Complaints and Outcomes
[ November 20, 2022 ] NatWest Told to Pay £100 Compensation and 8% Interest on £300 They Delayed Paying out to a Customer When They Approved but then Declined His Bounce Back Loan and Closed His Account BBL Complaints and Outcomes
[ November 19, 2022 ] Read the Testimony of Someone Who Purchased a Rolex Watch, Travelled and Gambled and Misused a Bounce Back Loan Who Has Just Been Given a 7 Year Bankruptcy Restrictions Order. Plus, Three Other People In a Similar Situation The Disqualification Files
[ November 18, 2022 ] As the Taxpayer Protection Taskforce Get Ready to Disband, Tales of the Hoops They Make SME’s Jump Through to Verify They Were Eligible for SEISS, the Eat Out to Help Out and the Job Retention Schemes Continue to Come In – Here is One of the Letters They Send Out Subscriber Special
[ November 17, 2022 ] With No Accounting Records Supplied to the Liquidator That Could Have Explained Where a £50k Bounce Back Loan Went, a Company Director is Given a 6 Year Disqualification The Disqualification Files
[ November 17, 2022 ] Co-Directors Slapped with Very Modest 4 Year Disqualifications for Wrongdoing Associated with a Barclays Bounce Back Loan and Trading to the Detriment of HMRC The Disqualification Files
[ November 17, 2022 ] Erroneously Over-Egging Her Business Turnover to Get a Much Higher Barclays Bounce Back Loan Than Her Business Was Entitled to Leads to a 6 Year Disqualification The Disqualification Files
[ November 17, 2022 ] 7 Year Disqualification for Failing to Inform His Bounce Back Loan Lender He Had Applied for a Dissolution of His Company and Using the BBL for Personal Benefit The Disqualification Files
[ November 16, 2022 ] Outrageous Bounce Back Loan Blagger Given a 15 Month Prison Sentence Suspended for 18 Months – Even Though He Repaid the BBL in Full When His Wrongdoing Had Been Rumbled Subscriber Special

November 24, 2022

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 […]