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Bounce back loan Santander

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  • dunstonh
    dunstonh Posts: 119,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 19 July 2020 at 5:08PM
    Have had an account with them since 2008 and all contact details etc.

    Is this a business banking account or a personal account?

    We applied for a BBL on our other business a few months ago
    That could be an issue.   Where a director is named on multiple businesses, further checks are made to see if there are links.  If there are, you cannot get multiple BBLs.
    This application is for a separate business ,different type of business, separate accounts with the bank so NOT a duplicate application.
    That is not the criteria for separate businesses as linked businesses will have separate accounts with the banks.
    instead we will lose everything - including the house and the farm which means the animals will be given away or destroyed.
    Just checking that you are a limited company and not a sole trader or partnership?
    We have been unable to receive any other government support
    No CJRS?  (furlough)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ELLYP
    ELLYP Posts: 36 Forumite
    Seventh Anniversary 10 Posts
    yan1603 said:
    Hooray we have been paid by Santander so you guys shouldn’t be long, good luck and be safe
    Out if interest, is your bbl showing on your business statement yet? Mine isn’t? 
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