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Delays to Pay As You Grow Options Continue with Barclays Bank Staff Admitting “It’s All Messed Up” and HSBC Are Now Checking Kinetic Accounts and Closing Some of Them and Requesting Repayment of BBLs

It is good to see some decent bank staff out their finally admitting the Bounce Back Loan scheme, even at this stage of the game with repayments now due is messed up, and Barclays employees are admitting just that, HSBC on the other hand though are now double checking Kinetic account BBL’ers and closing some of those accounts and demanding repayment of many BBLs acquired through those accounts too, take a look at the letters they are sending out. […]

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Fancy a Job Untangling the Mess That is Bounce Back Loans? Well One Bank is Looking for You!

Got to love the brass neck of some banks, many of them have made a complete hash of the entire Bounce Back Loan scheme, and it is of course SMEs across the land that have suffered due to their mistakes, errors, and downright stubbornness to admit they have messed up. One bank is now looking for someone to correct those errors, albeit late in the day and the details of that job are […]

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No New Recovery Loan Lenders Accredited for 3 Weeks – Are Financial Institutions Too Embarrassed to Be Associated with That Hare-Brained Loan Scheme?

Either the British Business Bank are sulking and are on a go slow after their shameful smackdown from the National Audit Office over their accreditation of Greensill, or new potential Recovery Loan lenders are wary of signing up to that dubious scheme and have decided not to apply for accreditation to save their reputations. It has been […]