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

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[ March 29, 2023 ] For Transferring His Company’s £23k Bounce Back Loan to Himself Then Dissolving His Company a Director Gets Slapped with a 10 Year Disqualification The Disqualification Files
[ March 29, 2023 ] Using Her Company’s £50k Santander Bounce Back Loan for a Personal Property Investment That Had No Benefit to Her Company Leads to a 10 Year Ban The Disqualification Files
[ March 29, 2023 ] Claiming His Business Had a Turnover of £30million When It Had In Fact Never Traded and Blagging Lloyds Out of a £50k Bounce Back Loan Leads to an 11 Year Ban The Disqualification Files
[ March 29, 2023 ] Company Directors Get 7 Year Bans for Not Supplying Sufficient Records at the Insolvency of Their Separate Businesses to Help Determine Where Their Barclays Bounce Back Loans Went The Disqualification Files
[ March 24, 2023 ] Over £150k in Dodgy Bounce Back Loan Funds Found Stashed in a Car as the Occupiers Made a Dash for the Euro Tunnel Todays News
[ March 24, 2023 ] 6 Year Disqualification for Not Providing Any Evidence the £32,500 Bounce Back Loan He Got For His Business Was Actually Used for the Business The Disqualification Files
[ March 24, 2023 ] Director Given a 10 Year Disqualification for the Usual “Over-Egging of Business Turnover” to Blag HSBC Out of a £50k Bounce Back Loan, Leaving it Unpaid and Taking the Insolvency Route The Disqualification Files
[ March 24, 2023 ] Two Sole Traders Hit with 7 Year Bankruptcy Restrictions Orders for Over-Egging Their Turnover to Blag A Bounce Back Loan Each The Disqualification Files
[ March 22, 2023 ] Rishi Sunak’s Tax Return Has Been Sneaked Out Under the Cover of Boris Johnson Being Grilled by the Committee of Privileges – Come and Take a Look At It Todays News
[ March 21, 2023 ] Company Director Blags SIX Bounce Back Loans for His Six Businesses By Over-Egging The Turnover of Each of Them, Leaves Each Loan Unpaid and Walks Off With a 10 Year Ban The Disqualification Files
[ March 18, 2023 ] So You Have Missed 3 Bounce Back Loan Repayments, Received the Demand for Full Repayment and Default Letters, 12 Months Later the Lenders Nominated Debt Collector Has Given Up Trying to Contact You, What Happens Now? Subscriber Special
[ March 16, 2023 ] Getting a £25k Bounce Back Loan Off HSBC When Only eligible for a BBL Worth a Tad Over £10k By Over-Egging His Company’s Turnover Leads to an 8 Year Disqualification The Disqualification Files
[ March 16, 2023 ] Over-Egging His Company’s Turnover to Blag a £50k Bounce Back Loan Off Barclays Leads to Another Company Director Getting a 10 Year Ban The Disqualification Files
[ March 16, 2023 ] Joint Directors Both Slapped with Extremely Lenient 4 Year Disqualifications for Not Using Their Company’s Bounce Back Loan from Metro Bank for the Benefit of that Business The Disqualification Files
[ March 15, 2023 ] Blagging a £50k Bounce Back Loan Shortly After Signing a Striking off Application to Get His Business Dissolved and Not Telling the Bank Leads to a 6 Year Ban The Disqualification Files

March 29, 2023

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 […]