
HSBC Sends Debt Collectors for Unpaid Bounce Back Loan, Ombudsman Dismisses Overdraft Funding Complaint

The Insolvency Service’s crackdown has banned directors for using Bounce Back Loans to fund non-business activities. […]
Godwin Ohajah, director of Satsuma Europe, who claimed a turnover misunderstanding to blag a £50,000 HSBC Bounce Back Loan, faces an 8-year ban. Learn how his excuse failed to hold up. […]
NatWest, HSBC, Lloyds, and Santander denied Bounce Back Loans to SMEs. The Ombudsman dismissed the complaints, citing the banks’ right to refuse applications. […]
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