Rishis Rancid Racket

No major surprise to learn that Bank of Scotland are taking an identical approach to Recovery Loans as Lloyds Bank and as such this is what you will be faced with if you wish to apply for one of those hard to get Government Guaranteed (80%) loans with the former named bank […]

Much like all other banks and lenders that are part of the Recovery Loan Scheme, RBS that being the Royal Bank of Scotland have designed their facility to reject as many SMEs as possible and push them towards their own range of loans instead. […]

One of the worst banks to have a Bounce Back Loan with is of course NatWest, having seen so many complaints about the way they treated SMEs regarding those loans, snatching them back, closing accounts etc. I am sure plenty of you will be wary about applying for a Recovery Loan with them. […]

After a couple of weeks of sending out annoying and time wasting text messages to their customers seeking a Recovery Loan, Barclays have finally sent out more details of what is needed to be supplied to the bank, here is that email and the list of what they want applicants to send into them as stage one of the process. […]

Another lender that the British Business Bank has decided is worthy of their accreditation is Oak North Bank, however if you are after a Recovery Loan of less than £500,000, they clearly do not want you to darken their doorstep. […]