See the Bounce Back Loan Guarantee Agreement Lenders Signed to Secure Funds on Default
Special Reports
Public Accounts Committee Slams Lax Bounce Back Loan Fraud Action, Accuses Banks of Guarantee Abuse
The Public Accounts Committee blasts weak Bounce Back Loan fraud enforcement, suggesting banks are recklessly claiming guarantees with little oversight. […]
Special Reports
British Business Bank Chief Discusses Government’s Challenge in Chasing Bounce Back Loan Turnover Inflators, as Most SMEs Repay and Perform Well
The British Business Bank’s leader reveals the government’s struggle: should they chase SMEs that inflated turnover for Bounce Back Loans, when most are repaying successfully? […]
Special Reports
Royal Bank of Scotland Customer Claims His Company Was Mis-sold a Bounce Back Loan After Bank Stated on Zoom It Would Benefit His Business, Despite No Need for the Loan, Leaving It Unused and Burdened with Debt – Ombudsman Rejects the Complaint
An RBS customer alleges a mis-sold Bounce Back Loan after a Zoom pitch, but the Ombudsman dismisses the claim, leaving him with unused debt. […]