Lloyds – Page 25 – Bounce Back Loan

Director Banned for 9 Years for Using Unauthorized Turnover Estimate to Secure Lloyds Bank Bounce Back Loan

A director has been disqualified for nine years after improperly using verbal agreements and estimated future work to inflate turnover for a Lloyds Bank Bounce Back Loan application, when not permitted. […]

Lloyds Ordered to Reduce Bounce Back Loan Debt by Half After Wife’s Death, Ombudsman Upholds Complaint

A man’s wife applied for a Bounce Back Loan using his account before her death. The Ombudsman upheld the complaint, ordering Lloyds to reduce the debt by half. […]

Director Banned for 10 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Prompting Guarantee Claim

A director faces a 10-year ban after an insolvency practitioner reported him for exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which went unpaid, triggering a government guarantee claim. […]

Director Banned for 6 Years for Failing to Account for £25,000 Lloyds Bounce Back Loan and Proceeds from Vehicle Sale

A director has been disqualified for six years after failing to clarify whether a £25,000 Lloyds Bank Bounce Back Loan was used for his company’s benefit or where funds from a Toyota SG Cruiser sold in Romania went. […]

Director Banned for 11 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Misusing Funds

A director faces an 11-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which he did not use for business purposes, prompting a government guarantee claim. […]

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

A Lloyds customer denied applying for a Bounce Back Loan and transferring funds. The Ombudsman dismissed the complaint, finding evidence against his claim. […]

Director Banned for 11 Years for Securing Dual HSBC and Lloyds Bank Bounce Back Loans for Non-Trading Business

Here iA director faces an 11-year ban after fraudulently obtaining Bounce Back Loans from HSBC and Lloyds Bank for a single non-trading business, misusing the funds and leaving both loans unpaid. […]

Lloyds Holds Customer Liable for £50k Bounce Back Loan Spent on Bitcoin, Ombudsman Dismisses Complaint

A Lloyds customer denied applying for a £50k Bounce Back Loan spent on Bitcoin. The Ombudsman dismissed the complaint, finding his claim uncredible based on evidence. […]

Director Banned 12 Years for £100,000 Bounce Back Loan Fraud

A director who fraudulently obtained two £50,000 Bounce Back Loans from Lloyds and NatWest, diverting funds to himself, faces a 12-year ban. […]

Director Banned for 11 Years for Overstating Turnover to Secure Oversized Lloyds Bank Bounce Back Loan and Misusing Funds

A director has been disqualified for 11 years after exaggerating his business turnover to obtain a larger-than-entitled Lloyds Bank Bounce Back Loan, which he did not use for business benefit and never repaid. […]