Santander Bounce Back Loan

ELLYP

It hit my account today. Big Phew! I checked a few hours ago and it wasn’t there so must have happened sometime this afternoon. 

Hoping the same for you guys soon.

davetheraver

Congratulations Elly, you must be relieved. I applied a few days after you, but received by agreement a day after I applied.

I'm hoping the 2 weeks you waited from applying, will be the same for me. Hopefully mine arrives in the next few days..

ELLYP

davetheraver said:

Congratulations Elly, you must be relieved. I applied a few days after you, but received by agreement a day after I applied.

I'm hoping the 2 weeks you waited from applying, will be the same for me. Hopefully mine arrives in the next few days..

Thank you. I am..  It’s such a weight off my mind, looking forward to a good nights sleep tonight. 

I’m sure you’ll get yours soon, If it helps put your mind at rest, I just calculated my projected turnover as even though I’ve had the business account for a few years, my business has only been going properly for 6 months and I mainly get paid cash so haven’t actually put that much through the account. So I was wondering if they would accept the amount I asked for £30k. So I really do think that as long as you have a business account with them, they’ll pay. 

davetheraver

ELLYP said:

Thank you. I am..  It’s such a weight off my mind, looking forward to a good nights sleep tonight. 

I’m sure you’ll get yours soon, If it helps put your mind at rest, I just calculated my projected turnover as even though I’ve had the business account for a few years, my business has only been going properly for 6 months and I mainly get paid cash so haven’t actually put that much through the account. So I was wondering if they would accept the amount I asked for £30k. So I really do think that as long as you have a business account with them, they’ll pay. 

I hope Elly, and I am glad you are at ease. I had a large turnover last year and the previous year before that, and up until a few weeks ago, I have had similar amounts going in my account as I always do. The maximum 50k is a lot less than 25% of my annual turnover, I am worried as I thought I would be looked after, considering how much I have put through my account since opening my account.

Peterjones88

We were advised there was an IT issue at santander which meant some applications had to be manually processed and this was the hold up. Apparently it should be sorted by the end of the week. 

ELLYP

davetheraver said:

ELLYP said:

Thank you. I am..  It’s such a weight off my mind, looking forward to a good nights sleep tonight. 

I’m sure you’ll get yours soon, If it helps put your mind at rest, I just calculated my projected turnover as even though I’ve had the business account for a few years, my business has only been going properly for 6 months and I mainly get paid cash so haven’t actually put that much through the account. So I was wondering if they would accept the amount I asked for £30k. So I really do think that as long as you have a business account with them, they’ll pay. 

I hope Elly, and I am glad you are at ease. I had a large turnover last year and the previous year before that, and up until a few weeks ago, I have had similar amounts going in my account as I always do. The maximum 50k is a lot less than 25% of my annual turnover, I am worried as I thought I would be looked after, considering how much I have put through my account since opening my account.

I’m pretty sure they’ve just got themselves in a huge muddle and any kind of order has gone out the window. Looking forward to your post letting us know you’ve got it! 

davetheraver

Peterjones88 said:

We were advised there was an IT issue at santander which meant some applications had to be manually processed and this was the hold up. Apparently it should be sorted by the end of the week. 

I hope so, I have heard different stories from different people, I was told they have a new system now to access and view applications. So what you say could have some truth, but I have lost all hope.

ELLYP said:

I’m pretty sure they’ve just got themselves in a huge muddle and any kind of order has gone out the window. Looking forward to your post letting us know you’ve got it! 

Well it seems there is no organisation, I hope I can say those words soon, and give hope to others who are in the same situation.

obrienkenobi

I'm told I'm waiting on this 1 email still that I need to reply to advising which UBL I need to proceed with. Apparently I should have had it over the weekend (I've seen that lots of people did get that email over the weekend), was told monday it would be sent that day. Tuesday the lady didn't understand why I hadnt had it and said she'd chase it. Wednesday still no email.

Clearly some system issues.