Rishis Rancid Racket

The lure of some big fat juicy interest rates and being given the greenlight to pawn off their own loans instead of Recovery Loans on customers, is proving to be irresistible to many banks and lenders. Pity none of them came to the aid of the overwhelmed lenders when the BBL scheme was live. Another regional lender has now been accredited to offer Recovery Loans that being First Enterprise. […]

As the number of people getting Recovery Loans remains tiny, I am losing faith with that scheme as some of you out there may also be doing however another lender has been accredited this time it is DLS Business Finance. […]

I live in hope that the British Business Bank will finally accredit a lender that is prepared to help everyone seeking a Recovery Loan, however until that day arrives, I will continue to keep you updated with those they do accredit, even though not many people are being approved for those loans, and in fact most SMEs have written-off that scheme as a waste of time. […]

The British Business Bank continue to accredit more and more lenders to the failing Recovery Loan Scheme, and Compass Business Finance is the latest one to be accredited. But as usual, little information on their facility can be found on their website. […]