What if I need more finance?

June 7, 2020 Bounce Back Loans

Under the Bounce Back Loan Scheme, a business which has had their application for a loan accepted, or is part of a wider group (defined by having a holding company at the top of their structure) in which any business has had their application for a loan accepted, is not able to apply for a further loan.

What if I need more finance?

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More Bounce Back Loan Questions and Answers

Hot Topics

Subscriber Special – Is This The Lowest Ever £50,000 Bounce Back Loan Repayment Plan? Just £1 Per Month – Take a Look at the Paperwork of the Deal Arranged That Will Take 4,166 Years and Six Months to Pay Off – What a Time to be Alive!

Subscriber Special – The Complete Procedure to Be Followed If You Are Now in a Position Whereby You Cannot Afford to Repay Your Bounce Back Loan – Its Quick and Simple, and as Long as You “Play the Game” Alongside Your Lender Who Is Also “Playing the Game” You Will Be Fine

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Not Pursued Legally and Legitimately By the Lender with No Further Action

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