Directors Increasingly Avoid Records to Reduce Bounce Back Loan Penalties
BBL Blaggers
Director Banned for 5 Years for Misusing £30,000 Lloyds Bank Bounce Back Loan, Triggering Guarantee Claim
A director faces a five-year ban after misusing a £30,000 Lloyds Bank Bounce Back Loan, prompting the bank to claim on the government guarantee. […]
BBL Blaggers
Eltham Carpet Cleaning Director Banned for 9 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan
An Eltham-based director of a carpet cleaning firm faces a nine-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
BBL Blaggers
Emal Masood, Director of Emal Safi Limited, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan
Bounce Back Loan funds misused for personal assets have led to directors facing bans. […]