Rishis Rancid Racket Archives

Atom Bank Accredited for Recovery Loans, Only Via Brokers Most of Whom British Business Bank Cavorted with and Showed them How to Earn Huge Fees!

May 17, 2021

If you needed any proof that the British Business Bank are not SME friendly you only have to look at their latest accredited Recovery Loan lender, that being Atom Bank, who will only let you apply for one of those loans via a Broker, who will of course rinse you for fees. Remember the BBB did cavort with them recently showing them how to bag those juicy fees SMEs will end up paying. Another nice trick pulled by […]

Metro Bank Joins the Recovery Loan Party But Be Warned I Seriously Doubt They Will Be Approving Many of Them

May 15, 2021

Just letting you know that Metro Bank have now become an accredited Recovery Loan Lender, and as such if you have an account with them, you can now or soon will be able to apply for one of those loans. But keep in mind, as described below, how messed up their BBL scheme became. […]

Expect All Manner of Delays and Hoops to Jump Through if You Want to Apply for a Recovery Loan with Yorkshire Bank

May 3, 2021

As Yorkshire Bank is the sister bank of Clydesdale Bank what I have said about the latter stands for the former when it comes to Recovery Loans, and this is what you will be faced with if you apply for a Recovery Loan with that bank. […]

Danske Bank Pulling the Usual “We Are Overwhelmed” Excuse Used During the BBL Scheme to Put Off New Customers After a Recovery Loan

May 3, 2021

For those of you that wish to approach Danske Bank for a Recovery Loan be aware that you do need to be an existing customer to access their facility, but as was seen during the lifetime of the BBL scheme with many banks, they are claiming to be overwhelmed with new account applications. […]

The Chances of You Getting a Recovery Loan with Ulster Bank Are as Low as With All Other Banks

May 3, 2021

The criteria and rules for applying a Recovery Loan with Ulster Bank are much the same as with their sister banks those being NatWest Bank and the Royal Bank of Scotland, and it has become very apparent not many SMEs are being unsuccessful at getting one of those loans with all three banks, in fact most SMEs are not even attempting to apply. […]