The Insolvency Service has successfully shut down 11 company's following a series of Bounce Back Loan fraud.
The 11 company's turned out to be part of a fraudulent group that claimed UK-taxpayer funds.
#fraud #insolvency #bouncebackloan
3 options when you can't repay your Bounce Back Loan
- Take advantage of the PAYG scheme
- Consider Insolvency
- Seek professional advice
Our team of experts can provide you with free and confidential Bounce Back Loan advice.
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Businesses can bounce back from financial setbacks with the help of bounce back loans. These loans provide much-needed support to keep operations running smoothly and recover from difficult times. #bouncebackloan #businesssupport #financialaid
Are Bounce Back Loans fixed or variable?
BBL's are a fixed 6 year loan term with a fixed interest rate 2.5%.
Save this post for later!👏
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Do you know how long the Bounce Back Loan repayment time scale is?📷 #SmallBizUK #DebtHelp #BusinessOwnerUK #SupportSmallBusiness #DebtManagement #financialplanning #debthelp #BusinessTips #bouncebackloan #summerday
🔎 Uncovering Potential Bounce Back Loan Fraud 🔎
Got a #bouncebackloan ? The Department for Business, the Cabinet Office & HMRC are teaming up to track down potential fraud in the scheme by sole traders
#Accountants #AccountingForTheFuture
fwca.co.uk/uncovering-pot…
Discover how to apply for Pay as You Grow! Check out this informative article about the Bounce Back Loan extension. Get the details you need to make informed decisions. 💡
Read here: legendfinancial.co.uk/general/bounce…
Stay ahead with #PayAsYouGrow ! #BusinessFinance #BounceBackLoan
Have you got a bounce-back loan you're struggling to pay back?👇
There are several exceptions where personal liability is applicable for bounce-back loans. Discover more in our blog post: bit.ly/3vPjKf8
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Did you take out TWO Bounce Back loans and now looking for advice - call us on 0333 582 451 📞
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Do you know what CBILS Loans are... watch to find out if they affected you
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Q: Is a Director personally liable for a Bounce Back Loan if the company goes into liquidation?
A: Unlikely without fraudulent application for or misuse of the loan.
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'Don't count the days, MAKE THE DAYS COUNT'
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Swipe to see some options to help you repay your Bounce Back Loan ⭐💷
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Have you ever heard of wrongful trading before and what it involves? ❌💷
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In what circumstances would a Director be liable for a Bounce Back Loan? ℹ️
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Many small businesses signed up for a Bounce Back Loan during the pandemic as it was an essential lifeline ...
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Read more: buff.ly/44fatfd