
HSBC Compensates £300 for CBILS Delay Leading to Bounce Back Loan, Ombudsman Dismisses Complaint

HSBC falsely threatened a Ltd company director with personal liability for unpaid Bounce Back Loan repayments and claimed to object to his company’s dissolution. […]
Directors caught channelling Bounce Back Loans to family members face Insolvency Service bans for misuse of funds. […]
HSBC’s multiple errors delayed a Bounce Back Loan payout for months. The Ombudsman upheld the complaint, ordering £150 compensation for the SME’s ordeal. […]
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