@natjc84@asif_jmahmud@Barclays Nat mine just landed from barclays, I know a few customers who recieved at 04,50 this morning looks like they are working through it.
@BBCWalesNews Not seen a single conformation of payout from @Barclays for bounce back loans. Many are unable to apply via the barclays website. Those who have only a few have been approved. No funds paid out yet.
@Barclays@pocketsheppard Have @Barclays paid out any bounce back loans? If so do you know how many? I see many businesses have applied but only recieved a text, many have not had any contact whatsoever. What's the hold up peeps?
@west9093 @Barclays Many businesses saying they have not recieved any acknowledgement from @barclays regarding their application. Can I ask if this was this a text or email? When did you submit an application? Thanks
@miltonbrewery@kprescott @MickTheMove @seanfarrington@barclays seem to be dusting off some of the cobwebs now. Can I ask when did you get a knock back? As they canot ask for directors guarantee upto 250k. Not ideal for everyone I know but it has helped alot of smaller businesses.
@thompsonandson2 @santanderukhelp If you have already applied for cbils under 50k the british business bank are allowing you to move it over to a bounce back loan you should just have to ask the funder. Hope you get an approval π€
The funds sent to UK businesses through the Coronavirus Business Interruption Loan Scheme #CBILS are worth less than 2% of the Β£212.8 billion in cash currently due to UK SMEs in unpaid invoices, according to new research. https://t.co/taWQGoIokH
When an international company in need of cash opts not to apply for a 12 month intrest free goverment backed loan. Says something! #cbilsisnotworking#fixcbils#cbils
Client based in Germany asked me not to proceed with #CBILS for UK side of group. Over there, loans granted straight away at 2% interest rate, 90% Govt. backed, cash released fast. That's a proper, pro-economy Government. @RishiSunak is a joke #forgottenltd
@hmtreasury@GreggS "Positive impact"??? They are receiving a loan to cover SOME of their fixed costs! Many small businesses in the UK are yet to receive a penny in support with Β£0 revenue and left to feel like we are begging. You will want our vat and corp tax to get out of this! #fixcbils#cbils
@Georgekafetzis@LloydsBank Their were 300,000 expressions of intrest in cbils by 12th of april. 16,000 loans as of yesterday and rishi quotes 80-90% have been processed. I would ask diane abbott to double check the maths on that one? #cbils
@snoozlessnow@Ed_Miliband@labourpress They are a commercial business like us they need to know the money will come back I would be the same. If Rishi ups the guarantee and possibly removes some requirements on the banks, that may increase the speed of the program. I dont see why banks wouldn't open the taps up?