
NatWest Refuses New Customers for Bounce Back Loans, Ombudsman Dismisses Complaint

A company director has been banned for four years after admitting he knew his co-directors had overstated their business turnover to obtain a £35,000 Bounce Back Loan from NatWest. […]
Lloyds prevented a sole trader from opening a business account for a Bounce Back Loan. The Ombudsman upheld the complaint, ordering £300 compensation for the restriction. […]
Ombudsman Paul Cooper’s tough refusal to reinstate a NatWest customer’s Bounce Back Loan could now easily backfire, as the borrower is eligible to secure a massive default discount, paying mere pennies in the pound. […]
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