Business Banking Problems with lloyds TSB

jonesMUFCforever

You could always get a personal loan to pay off the business loan if you want to get them off your back --- as long as you don't mind being credit -scored of course.

Wywth

CKhalvashi wrote: »

And why do you not wish to provide them with this?

HSBC ask to see the accounts (but not keep a copy on file), and they also take (for their file) a copy of the Audit report (which you probably don't have), so I don't think Lloyds are being unreasonable here.

CK

HSBC never asked us for a copy of our accounts in the 3 years we were with them.

If fact we have never been asked or provided them to anyone we have banked with, past or present.

Although they (and anyone else) could obtain them from Companies House if they want.
They wouldn't be able to get a copy of an Audit report though, because we don't have our accounts audited

Thrugelmir

Wywth wrote: »

Although they (and anyone else) could obtain them from Companies House if they want.

Filed abbreviated accounts disclose little information.

Where a business is being monitored. Provision of management accounts on a monthly basis is not uncommon.

jonesMUFCforever

Wywth wrote: »

HSBC never asked us for a copy of our accounts in the 3 years we were with them.

If fact we have never been asked or provided them to anyone we have banked with, past or present.

Although they (and anyone else) could obtain them from Companies House if they want.
They wouldn't be able to get a copy of an Audit report though, because we don't have our accounts audited

Did you ever borrow from them?

DCFC79

June61 wrote: »

i am not asking for credit i have informed the bank that the account will be closed in 6 months the business is only running to pay the loan which is under 200.00 per months - the business is so small - i have nothing to hind was just frustrated at the shortcoming of Lloyds Business Banking when you cant speak to a person in person - its all call centres and very upsetting letters. They will receive my accounts but beware anyone wanting to bank business wise with Lloyds there contact to the public is disgusting

I bet the letter wasn't nasty at all, just you didnt like the wording of the letter.