Help – Mr Bounce Back – Bounce Back Loan Complaints

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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

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 […]

Change to Bounce Back Loans – No Repayments for 18 Months Option

Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans, the government announced today (8 February). Bounce Back Loan borrowers will now have the […]

Any New Lenders Offering Bounce Back Loans in 2021?

Hope you had as enjoyable a Christmas and New Year as was possible, or at least kept yourself safe. We finally waved goodbye, well much more likely stuck two fingers up to 2020 and with […]

Problems with the Shared Industry Database

As you are probably aware if you followed my Twitter feed yesterday, “imaginary Bounce Back Loans” are now proving to be a major problem. An imaginary Bounce Back Loan is exactly that, one that does […]

Have You Been Declined for a Business Bank Account or BBL?

Please read this guide for some reasons as to why you may be declined a bank account and/or a Bounce Back Loan with some lenders. Many people who are declined tend to fear it is […]

Bank CEO Email Addresses – Bounce Back Loan Complaints

I know that many of you have been lost in the Bounce Back Loan system, for many banks have either been so swamped with BBL applicants they are having to play catch-up or when they […]