Recovery Loans – Mr Bounce Back – Bounce Back Loan Complaints

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[ January 19, 2022 ] Starling Bank Refuse to Recognise the Arguments of Frustration and Common Mistake to Offset from a Bounce Back Loan Losses Caused by the Pandemic Back British Business
[ January 19, 2022 ] Financial Ombudsman Service Tell Me Arrogantly Their Staff “Are Aware of the Rules” Then in Typical Idiot Fashion Make a Shocking Error That Could According to the British Business Bank Could Cost a Business Dear BBL Complaints and Outcomes
[ January 18, 2022 ] Ombudsman Decides a Company Director Did Transfer BBL Funds From His HSBC Bank Account Rather Than Him Being Victim of a Scam BBL Complaints and Outcomes
[ January 17, 2022 ] NatWest Snatch Back Two Bounce Back Loans from an SME – Ombudsman Says That The Bank Was Entitled to Do So But Makes a Glaring Error in Their Ruling BBL Complaints and Outcomes
[ January 16, 2022 ] Challenge Your Bounce Back Loan Update – Back British Business Webinar – Live 20th January 6pm Back British Business
[ January 16, 2022 ] A Series Of Errors Results in an SME Receiving a Bounce Back Loan Months After They Applied – Ombudsman Decides HSBC Is Fair In Offering Just £150 For The Delay and Errors BBL Complaints and Outcomes
[ 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 19, 2022

As Suspected the Recovery Loan Scheme Has Failed Many SMEs with on Average Just One Single RLS Drawn Down Per Lender Per Week

October 26, 2021

Having obviously been given a talking to, the British Business Bank (BBB) finally got around to releasing the Recovery Loan figures yesterday, and knowing they would make for grim reading the Government opted to leave […]

UPDATED – Recovery Loan Lenders Offering Term Loans – (May Shock/Upset You)

April 2, 2021

Unfortunately, the Recovery Loan Scheme has been exposed for what it is, and that is a scheme that is NOT aimed at small business owners. As more and more accredited lenders are announced, the hurdles […]