Bounceback Loans - TSB

fdkdes

TSB are asking for company’s accounts and Full P&Ls. I thought under the BBL Scheme these are not required. I think they are thinking it’s the same as the CBILS loans. Anyone else had any issues in applying? 

macman

Limited company or sole trader?

fdkdes

Limited Company

jonesMUFCforever

I suspect your application may be refused if you do not give them the information they ask for.

fdkdes

Their reason they state is to see that the company was trading on march 1st 2020, the company has been trading since 2015 and accounts have been filed each year, however they tell me they do not look at companies house to clarify this.

jonesMUFCforever

So provide them with the information requested and they will be able to proceed with your application.

DCFC79

jonesMUFCforever said:

So provide them with the information requested and they will be able to proceed with your application.

OP if you want the loan then do as above.

If you don't then don't take the loan.

Lezley1623

Hello any luck with the bbl from tsb submitted today I also have a buisness account so hopefully would speed things up.