I Ticked the Wrong Box on My Bounce Back Loan Application

July 8, 2020 Twitter Vault

Hey, first of all I want to say thank you for all the advice and tips you’ve been giving all of us. I hope you receive nothing but success. I made my HSBC BBL application this morning. Unfortunately in the application I ticked ‘YES’ to the question “Was your business already insolvent or otherwise a business in difficulty on 31 December 2019?” I’m now panicking because a friend of mine said I should of ticked ‘NO’. From your experience, do you believe this will affect my BBL application?

Note: You need to get that changed, either re-apply or email as a matter of urgency their CEO team and explain, they will then ditch the original application and allow you to reapply, all email addresses are on today’s news update as always.

HSBC

I Ticked the Wrong Box on My Bounce Back Loan Application

Business Services

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BBL Helpline

Watch Your Backs

Take a Look at the Letter You’ll Be Sent If the Department for Business and Trade / Insolvency Service Have Nosied at Your Company/Bank Accounts and Suspect You’ve Over-Egged Your Turnover to Get a BBL, and the Questionnaire You Have to Fill in That Will Determine Your Punishment

After a Few Setbacks and Delays, Judge Briggs Orders the Winding Up of a Slew of Limited Companies Lloyds Bank and Bank of Scotland Presented to Court That They Suspected or Knew Blagged Them Out of a Bounce Back Loan – Will Your Company Be Next?

HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration

Here is the Official Announcement from HM Government and Some Words from the Covid Corruption Commissioner About the “Bounce Back Loan Voluntary Repayment Scheme” (BBL Summer of Love – BBL Winter of Regret) Which is Now Live – Don’t Miss Your Chance to Get Off the BBL Naughty List