HSBC’s BBL battlefield is packed with glory and gore! From stunning successes to scandalous slip-ups, explore the rollercoaster of their Bounce Back Loan tales!
Two co-directors face 10- and 7-year bans for securing a £50,000 HSBC Bounce Back Loan for a dormant company. Dive into how this fraudulent application led to unpaid debts and severe penalties. […]
HSBC lied and repeatedly denied a Ltd company an account, blocking a Bounce Back Loan. The Ombudsman upheld the complaint, awarding £500, limited by company distress rules. […]
HavinHSBC’s “safeguarding review” locked an account, denied a Bounce Back Loan, and caused a business collapse. The Ombudsman upheld the complaint, awarding £150 compensation. […]
Can’t repay your BBL? We provide the latest on how each lender handles defaults, from leniency to aggressive tactics. […]
A fried chicken business owner who inflated turnover to secure a £50,000 HSBC Bounce Back Loan, only to leave it unpaid at liquidation, now faces an 11-year ban. Uncover the details of this familiar scam. […]
A director who diverted a £35,500 HSBC Bounce Back Loan for personal benefit has been banned for 5 years. Find out how this case highlights the ongoing issue of Bounce Back Loan misuse during insolvency. […]
A director faces a seven-year ban for wrongdoing involving an HSBC Coronavirus Business Interruption Loan, marking a rare instance of CBILS misuse. […]
A director’s failure to repay a £25,000 HSBC Bounce Back Loan, with no clear record of its use, has led to a 6-year ban. Discover how liquidators struggled to trace the missing funds in this case. […]
HSBC seized £10k in furlough funds meant for employees to repay a Bounce Back Loan and overdraft. The Ombudsman upheld the complaint, awarding £550 compensation. […]
A director’s been slammed with an 11-year ban for fudging turnover to nab four Bounce Back Loans, all left unpaid. Check out this brazen blag! […]
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