Santander – Page 17 – Bounce Back Loan

Director Banned for 10 Years as Santander Claims Guarantee on £50,000 Bounce Back Loan Due to Overstated Turnover

A 10-year ban was imposed on a director who overstated turnover to secure a £50,000 Santander Bounce Back Loan, leaving Santander to claim the government guarantee. […]

11-Year Ban for Director Misusing Santander and Barclays Loans for Same Business

A director secured Bounce Back Loans from Santander and Barclays for one business, transferred both to himself, and now faces an 11-year ban. Uncover this dual loan misconduct. […]

Director Banned for 10 Years for Overstating Turnover to Secure Santander Bounce Back Loan, Misjudging Future Growth

A director’s 10-year ban stems from overstating turnover for a Santander Bounce Back Loan, mistakenly believing future growth justified the claim, leaving the loan unpaid. […]

Santander’s Investigation Results in 10-Year Ban for Director Overstating Turnover and Transferring Bounce Back Loan Funds

Santander’s scrutiny uncovered a director’s inflated turnover claims and personal transfer of a Bounce Back Loan, leading to a 10-year ban for financial misconduct. […]

Santander Ordered to Pay Compensation for Demanding Bounce Back Loan Repayment, Ombudsman Upholds Complaint

Santander demanded a Bounce Back Loan repayment despite allowing turnover estimates, citing fine print. The Ombudsman upheld the complaint, ordering compensation for misleading information. […]

Director Banned for 11 Years for Misrepresenting Turnover to Secure £25,000 Santander Bounce Back Loan

A director has been banned for 11 years for inflating turnover to secure a £25,000 Santander Bounce Back Loan, repaying only £1. Santander declined further investigation, with the disqualification reflecting misuse of funds. […]

Santander Recalls Bounce Back Loan Over Turnover, Ombudsman Dismisses Complaint Withholding Evidence

Santander recalled a Bounce Back Loan, citing turnover issues. The Ombudsman dismissed the complaint, referencing undisclosed bank evidence that justified the action. […]

Director Banned for 11 Years for Misrepresenting Turnover to Secure £50,000 Santander Bounce Back Loan

A director has been banned for 11 years for exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, which was unpaid at creditors’ voluntary liquidation. The disqualification reflects misuse of pandemic relief funds. […]

Santander Ordered to Provide Bounce Back Loan Repayment Breakdown, Ombudsman Upholds Complaint

Santander failed to provide a director with a detailed Bounce Back Loan repayment breakdown. The Ombudsman upheld the complaint, ordering the bank to supply the information. […]

Santander Seizes Personal Funds for Ineligible Bounce Back Loan, Ombudsman Dismisses Complaint

Santander seized personal account funds for an ineligible Bounce Back Loan transferred from a business account. The Ombudsman dismissed the complaint, citing ineligibility. […]