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[ January 14, 2022 ] Starling Bank Sure Do Have a Lot of Bounce Back Loans Turning Sour – Here Is Yet Another £50k BBL That Has Been Defaulted On Resulting in a 6 Year Disqualification for a Company Director Premium Content
[ January 13, 2022 ] What Happens If You Miss a Bounce Back Loan Repayment? Let’s Look at the Email that Starling Bank Send Out Premium Content
[ January 12, 2022 ] A 6 Year Disqualification for Company Director Who Took Out a £50k Santander Bounce Back Loan When He Should Have Know His Business Was Insolvent and Used the Loan for Personal Benefit Premium Content
[ January 12, 2022 ] Using Over £20k of a £30k Barclays Bank Bounce Back Loan for Personal Benefit and Not the Economic Benefit of His Business Lands Company Director with a 6 Year Disqualification Premium Content
[ January 11, 2022 ] Company Director Blags a BBL From Barclays Bank and Another From Starling Bank For the Same Business and Uses the Funds for Personal Benefit and Gets Slapped with a 6 Year Disqualification Premium Content
[ January 11, 2022 ] Paul Scully the Small Business Minister Has Told Me to Tell You To Complain To Your MP If the Third-Party Debt Collectors Metro Bank Use Start Pulling Any Stunts With Bounce Back Loan Arrears / Collections Premium Content
[ January 10, 2022 ] A Corporation Tax Return, an Application to Register for VAT, Bank Statements and a VAT Return are Used to Prove Three Company Directors Over-Egged the Turnover of Their Business to Obtain a £50k Starling Bank Bounce Back Loan – All Given 7 Year Disqualifications Premium Content
[ January 9, 2022 ] British Business Bank Say Some Lenders and Intermediates Had Been Promoting the Bounce Back Loan Scheme in a Manner that Breached the Rules and Spirit of the Scheme But HM Treasury State That Is Not True – So Who Is Lying? Premium Content
[ January 8, 2022 ] Co-Operative Bank Approve and Pay Out a Bounce Back Loan to a Customer Then Snatch It Back – Ben the Ombudsman Decides That Is Their Right and £100 Compensation Is Fair BBL Complaints and Outcomes
[ January 7, 2022 ] Government Delivers £700 Million Funding to Local Authorities – Do Not Let Them Blag You – If You Qualify for the Next Round of Business Grants Apply for One Todays News
[ January 6, 2022 ] Press Release – HMRC Gives Self Assessment Taxpayers More Time to Ease COVID-19 Pressures Todays News
[ January 6, 2022 ] Business Owner Faced a Five Month Delay Opening an Account with HSBC Due to Staff Being Deployed Processing Bounce Back Loans – Ombudsman Thinks the £200 Already Offered Is Fair Compensation BBL Complaints and Outcomes
[ January 5, 2022 ] Massively Over-Egging His Business Turnover and Using a Bounce Back Loan for Personal Benefit Resulted in a Company Director Receiving a 7 Year Disqualification Premium Content
[ January 5, 2022 ] Another Quite Lenient 4 Year Disqualification Handed Out for Using a Barclays Bank Bounce Back Loan for the Benefit of the Directors of a Business Instead of the Benefit of the Business Which By The Way Was Insolvent Premium Content
[ January 5, 2022 ] Insolvency Service Slaps a Company Director with a 9 Year Disqualification for Applying for and Getting a Bounce Back Loan When His Business Seemingly Was NOT Adversely Affected During the Pandemic Premium Content

January 14, 2022

Barclays Finally Sending Out Text Messages Acknowledging Recovery Loan Applicants – But Be Warned About the Bank Referral Scheme

April 9, 2021

Just a quickie for those of you that have been asking about Barclays, they have just sent out a mass batch of text messages, similar if not identical to the one below: […]

When are the likes of Starling Bank and Metro Bank Going to be Offering Recovery Loans?

April 8, 2021

Based on a recent poll I ran, around 60% of business owners who want to apply for a Recovery Loan are currently waiting for their bank to start offering them, well if you are one such person waiting for the likes of Starling Bank or Metro Bank, I have the reason why they are not offering them yet but can give you an idea of when they will be doing so. […]

HSBC Eager to Offer Recovery Loans – But What are the Chances of Getting One?

April 7, 2021

I have been contacted by some of my army of followers on Twitter and beyond regarding their experiences of applying for a Recovery Loan with HSBC. So, as always, let me pass on that information to you so that you can make a well balanced decision as to just what your chances are of getting and what you will need to do to apply. […]

Lloyds Bank Turn from King of the Castle into the Dirty Rascal with Recovery Loans

April 7, 2021

Many people, myself included, had nothing but praise for the way Lloyds Bank handled their Bounce Back Loan facility, they had to break banking rules to fire them out the door rapidly, and took on the chin the slapping they got from the regulator for doing so, but sadly they have changed when it comes to Recovery Loans. […]

Clydesdale Bank Takes the “Easy” Option (for them) When it Comes to Offering Recovery Loans

April 7, 2021

Having had plenty of time to design their respective Recovery Loan facilities, a number of lenders have put a system in place that allows them (the lender) to take an easy option so to speak, and that is certainly the case with Clydesdale Bank. […]

Who Let Santander Cherry Pick Who to Offer Recovery Loans To?

April 7, 2021

The Recovery Loan Scheme descended into farce yesterday (the day it went live) in many ways, and I will of course be looking at those business loans in the days and week ahead. However, today I want to dedicate a little bit of time to the unbelievable way that Santander have chosen to offer those loans. […]