Rishis Rancid Racket Archives

HSBC Have Rejected so Many Recovery Loan Applicants Already They Should Apply for a Listing in the Guinness Book of Records

April 17, 2021

If you were given £1 for the number of Recovery Loans that HSBC have already rejected/declined, you would not need a Recovery Loan. This is yet more shame on Rishi and that ridiculous scheme that is not suited to small or average sized SMEs. […]

The Tricks Barclays are Pulling, You Guessed it, With the Approval of the British Business Bank to NOT Let You Apply for a Recovery Loan

April 17, 2021

I have yet to hear of anyone approved for and paid out a Recovery Loan, which speaks volumes at just how successful that scheme will be at helping SMEs recover. But once you discover the underhand tactics that Barclays are using to put off or decline those applying all will become clear, with the approval I must add of the British Business Bank. […]

Clydesdale Bank Takes the “Easy” Option (for them) When it Comes to Offering Recovery Loans

April 7, 2021

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. […]