Santander – Page 18 – Bounce Back Loan

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. […]

Director Banned for 6 Years for Misusing Santander Bounce Back Loan

A director has been banned for six years for not using a Santander Bounce Back Loan entirely for business benefit, leaving it unpaid at liquidation. The disqualification reflects misuse of government-backed funds. […]

Santander Refuses Refund for Bounce Back Loan Lost in Crypto Scam, Ombudsman Dismisses Complaint

A Santander customer sought a refund for a Bounce Back Loan lost in a crypto scam. The Ombudsman dismissed the complaint, finding no bank liability. […]

8-Year Ban for Faking Turnover to Snag Dual Bounce Back Loans

A director’s 8-year ban stems from inflating turnover to secure a Santander Bounce Back Loan and enabling a second fraudulent loan. Discover how this double-dealing scheme unravelled. […]

Director Banned for 10 Years for Using £50,000 Santander Bounce Back Loan for Personal Property Investment

A director’s 10-year disqualification follows the misuse of a £50,000 Santander Bounce Back Loan for a personal property investment, neglecting the financial needs of her company. […]

11-Year Ban for Director Misusing £100k in Santander and Barclays Loans

A director who failed to use a £50,000 Santander and a £50,000 Barclays Bounce Back Loan for his businesses’ benefit has been banned for 11 years. Explore this dual loan misuse case. […]

HMRC Evidence Leads to 11-Year Ban for Director Overstating Turnover to Obtain £50,000 Santander Bounce Back Loan

HMRC data exposed a director’s inflated turnover claims, securing a £50,000 Santander Bounce Back Loan, resulting in an 11-year ban for fraudulent application and fund misuse. […]