Onboarding Lloyds with BOS or Halifax

June 1, 2020 Twitter Vault

Hello mate. I’ve had a call from the Onboarding manager from Lloyd’s.

They’re not taking on anymore applications. They’ve discovered the loophole 🙁 she said the odd few may slip through but majority the applications will be discontinued.

Don’t know what to do now. Declined by everyone. So close to giving up on everything

Note: Lloyds are allowing Bank of Scotland and Halifax customers to “onboard” their BBL scheme, however they have recently amended the terms for doing so.

As such, if you are an account holder at either of the two latter named banks, please ensure that you operated your account with them before the dates now clearly shown on their website.

In all fairness Lloyds have been, and continue to be, the best bank for processing Bounce Back Loans, and as I have repeatedly said, they are as true to their word as their TV adverts proclaim.

Onboarding Lloyds with BOS or Halifax

BBL Helpline

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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

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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