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Bounce Back Loan and Cashplus business account
Tony789
Posts: 2 Newbie
I currently have my business account with Cashplus who are not offering Bounce Back loans. It seems that the 24 banks accredited by the British Business Bank all require you to be an existing account holder by a given date in order to apply for the loan. Therefore despite being an eligible small business I am unable to obtain the loan just because my own bank is not supporting the scheme. Am I missing something here or has anybody any advice on how to obtain the loan? thanks.
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Comments
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I don't think you are missing anything...from the main article it appears Starling is the last one available to consider
https://www.moneysavingexpert.com/news/2020/05/small-business-boost-as-bounce-back-loans-launched/
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I'm in the same position as you....only Starling is now opening business accounts but good luck with that, I've tried online several times and keeps declining and I've been over the phone 4 times around 45min each and no luck waiting list 300 for their customer service. It seems a dead end.0
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