Natwest – Page 22 – Bounce Back Loan

NatWest Ordered to Write Off Bounce Back Loan for Ineligible Business, Ombudsman Upholds Complaint

NatWest advised a director to apply for a Bounce Back Loan to clear debt, despite his non-trading business. The Ombudsman upheld the complaint, ordering the loan written off. […]

NatWest Cancels Bounce Back Loan for Missing Documentation, Ombudsman Dismisses Complaint

NatWest cancelled a Bounce Back Loan application due to missing documentation after requiring a feeder account. The Ombudsman dismissed the complaint, citing customer failure. […]

Director Clobbered with an 11-Year Ban for Blagging £100k in Starling and NatWest BBLs with Top-Up

A director’s banned 11 years for grabbing £100k in Starling and NatWest BBLs with top-up and leaving them unpaid. See his big blag! […]

8-Year Ban for Director’s £50k NatWest BBL Turnover Fraud

Inflating turnover to secure a £50k NatWest BBL, then leaving it unpaid in liquidation, led to an 8-year ban for this director. Dive into the insolvency fallout. […]

7-Year Ban for NatWest Customer’s Turnover Fraud and Unpaid BBL

HeOverstating turnover to snag a NatWest BBL, then leaving it unpaid in liquidation, cost a director 7 years. Read about this customer’s costly liquidation gamble. […]

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. […]

10-Year Ban for Director’s £30k NatWest BBL Overclaim via Turnover Fraud

Overstating turnover to secure a NatWest BBL £30k above his entitlement, left unpaid, cost a director 10 years. Uncover the details of this liquidation-exposed scam. […]

9-Year Ban for Director’s Massive Turnover Lie for £50k NatWest BBL

A director’s egregious turnover inflation to secure a £50k NatWest BBL led to a 9-year ban—less than 25% exaggeration might have saved him. See how he crossed the line. […]

NatWest Bank Boss Explains What Happens if You Do Not Engage with them Regarding Repaying a Bounce Back Loan and They Suspect BBL Fraud

Here is the boss of a major UK Bank explaining what happens if you do not engage with them regarding repaying a Bounce Back Loan and if they suspect fraud. He explains how they will try and contact you 15 times in 105 days, and if everything else fails, possibly report you to CIFAS and the Police. […]

7-Year Ban for Director Who Diverted NatWest BBL to Personal Use

Pocketing most of a NatWest Bounce Back Loan for himself earned a director a 7-year ban, deemed lenient by some. Explore how this misuse was uncovered during liquidation. […]