The BBL world is teetering on the edge of epic scandals! Get a front-row seat to the brewing storms, shady schemes, and explosive revelations ready to rock the loan scene!
A director faces a five-year ban for transferring over half of a £50,000 Santander Bounce Back Loan to himself, misusing funds intended for business benefit. The disqualification highlights financial misconduct. […]
A director faces a 10-year ban for securing a Santander Bounce Back Loan for a non-trading business, confirmed by checks on bank accounts, business rates, and leases. The disqualification highlights misuse of the loan scheme. […]
A director has been banned for 11 years for securing a £50,000 Santander Bounce Back Loan for an ineligible business and transferring it to himself. The disqualification reflects severe misuse uncovered during insolvency. […]
Santander demanded repayment of a £50k Bounce Back Loan due to an unreasonable turnover estimate. The Ombudsman dismissed the complaint, upholding the bank’s review. […]
Santander subjected a Bounce Back Loan applicant to significant delays and errors, denying the loan. The Ombudsman upheld the complaint, ordering £731 compensation. […]
A customer challenged Santander’s rigorous Bounce Back Loan review process involving account scrutiny. The Ombudsman dismissed the complaint, upholding Santander’s procedures. […]
A director has been banned for nine years for exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, which remained unpaid at liquidation. The disqualification highlights misuse of government-backed financial support. […]
Two co-directors have been banned for nine and seven years for exaggerating turnover by seven times to secure a £20,000 Santander Bounce Back Loan. The disqualification reflects misuse of the government-backed scheme. […]
A Santander declined a Bounce Back Loan application due to unreadable tax return photos. The Ombudsman dismissed the complaint, citing inadequate documentation. […]
Santander chased a sole trader for a Bounce Back Loan tied to a dissolved Ltd company. The Ombudsman dismissed the complaint, holding him liable based on application details. […]
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