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Bounce back loan for self employed
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I am a sole trader who uses my personal account at Lloyds (I converted from limited company last year). My local branch said it was ok to use personal account. Now I want a bounce back loan, Lloyds at present are not offering it to personal customers yet, although that might change. I have opened a new Starling business bank account. As a sole trader I had to open a personal account first and then add the sole trader business account after. It took 10 minutes to open the personal account online. Got account number and sort code 2 hours later. Then another 15 minutes to open sole trader account. They are now on the approved list for the bounce back loan as well.
Barclays are getting a lot of bad press at present, why stay with them?
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Starling bank account was setup in less than 2 hours the around 10 mins to add a sole trader account. My current banks can now lose my business in all future transactions . They have let alot of sole traders down. Starling bank seems to be the way forward . They have now been approved and offering bounce back loans from monday 11th of may.0
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