Todays News

Please sit back and have a good look through this section of the website as it lists, in order, starting with the most recent then working backwards, each and every news story and article related to Bounce Back Loans that has been loaded up onto the website

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After Causing a Huge Song and Dance That Bounce Back Loans Should Have Been Designed Like CBILS/CLBILS the British Business Bank Get a Slap for Lack of Due Diligence on the Latter

August 2, 2021

The British Business Bank are a gift that keeps on giving, but not in a good way and despite their hatred of Bounce Back Loans and their constant badgering of the Government pre-launch to make them more like CBILS and CLBILS, low and behold they have just been given a huge slap down by the National Audit Office. […]

Swig Finance, White Rock and Newable Join the Ever Growing List of Lenders Accredited to Offer Recovery Loans, Plus the Department for Business, Energy & Industrial Strategy Promote the Let’s Do Business Group for Those Unable to Get Those Loans

August 1, 2021

The number of accredited Recovery Loan lenders has now grown by an additional three with Swig Finance, White Rock and Newable being given the greenlight in the last few days to offer those hard to get Government guaranteed loans. It is obvious however many lenders are applying to be accredited so that they can pawn applications off with […]

The British Business Bank Address the Question “My Company Has Essentially Failed and My Bounce Back Loan Has Left Me with What I Regard as a Personal Liability What Can I Expect Moving Forward”?

July 30, 2021

Sadly, some of you out there are now faced with the stark reality that your business has failed due to the pandemic and are worried about how the banks will address that situation when you cannot repay your Bounce Back Loan, in this article Richard Bearman a Managing Director at the British Business Bank gives an overview of what you can expect moving forward. […]

Despite the Current Hard-Nosed Approach by HM Treasury There Are Hints of Some Changes to the Bounce Back Loan Scheme Later this Year

July 30, 2021

Plenty of organisations, even MPs are approaching HM Treasury and Rishi Sunak suggesting a plethora of changes to the Bounce Back Loan Scheme. However, despite their collective current hard-nosed attitude there are some hints of possible changes to the Bounce Back Loan scheme later this year, once the current additional support schemes begin to expire. […]

The British Business Bank Confirm What I Already Knew – If You Have a Bounce Back Loan with Tide and You Want the PAYG Options You Are for Want of a Better Word F*cked, and Not Many Recovery Loans Have Been Approved Either

July 30, 2021

My trip to Blackpool to raise some points and pass on some questions to the FSB so they could get the British Business Bank to address them during their webcast yesterday was not wasted, as yesterday they were put to Richard Bearman a Managing Director at the British Business Bank, who sadly had some bad news for Tide customers who are not being offered PAYG BBL options by that lender. […]