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: […]
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. […]
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. […]
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. […]
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. […]
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. […]
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