
Lloyds Holds Sole Trader Liable for Denied Bounce Back Loan, Ombudsman Dismisses Complaint

A director faces an 11-year ban after fraudulently obtaining two Bounce Back Loans—one from Lloyds Bank and one from HSBC—for his single company, violating the scheme’s single-loan rule. […]
Starling froze a BBL account over a strike-off notice, and Ombudsman Jenny Lomax backed them. […]
A director has been disqualified for 11 years after overstating the turnover of his two companies to secure Bounce Back Loans from Lloyds and HSBC, then spending the funds on personal expenses like clothes, electronics, day trips, and a holiday. […]
Copyright © 2025 | Bounce Back Loan | Privacy Policy | Terms and Conditions | About Us