[LT carpet cleaning]

Edit. Sorry, meant to say it was obviously all online.

[deeege]

Edit. Sorry, meant to say it was obviously all online.

Did you already have a business account with them? Or did you apply to open a feeder/business account prior to the grant application?

[LT carpet cleaning]

Edit. Sorry, meant to say it was obviously all online.

Did you already have a business account with them? Or did you apply to open a feeder/business account prior to the grant application?

I’ve had a business account with them for 10 years.
You can apply for a biz account as part of the application if you not already with them.
The only real proviso I could make out was that you have to be a ltd company for 2 years.

Other banks may be different,not sure.

[deeege]

Edit. Sorry, meant to say it was obviously all online.

Did you already have a business account with them? Or did you apply to open a feeder/business account prior to the grant application?

I’ve had a business account with them for 10 years.
You can apply for a biz account as part of the application if you not already with them.
The only real proviso I could make out was that you have to be a ltd company for 2 years.

Other banks may be different,not sure.

Thanks PG 👍

[Klean07]

Applied yesterday with HSBC bank. Because I already have a current account with First direct I wasn't asked to open a business account though I did have to send a copy of last years tax return to show my turnover figure! If accepted I could get £12,000 which I'll use to pay off my business loan of the same amount!

[freshas]

Can anyone advise me if the Natwest Bank require you to send in last year's tax return when applying for a bounce back loan.

[Smudger]

No history required - its like a self cert loan

Darran

[P @ F]

I’m still waiting on mine from the HSBC , been over 2 months now !
I applied on May 11th 

[deeege]

I’m still waiting on mine from the HSBC , been over 2 months now !
I applied on May 11th 

Are you sure that they didn’t set up a new feeder account and put it in there?

[Smudger]

I’m still waiting on mine from the HSBC , been over 2 months now !
I applied on May 11th 

You really need to chase this up - on average payment was made after 4 working days - I know a couple of them took 10 days for non business accounts - but you should be all sorted by now

Darran

[Rob.Hall]

Heck P and F...
Get onto the bank.
Did you get any clarification from them?

[jk999]

Probably didn't fill forms in properly or you didn't send it properly, it doesn't take that long and also if you have never chased it up they probably thought you weren't bothered about it

[P @ F]

I’m still waiting on mine from the HSBC , been over 2 months now !
I applied on May 11th 

Are you sure that they didn’t set up a new feeder account and put it in there?

That is what they are doing , very very slowly by the look of it !

[P @ F]

I contacted them last month and was told that due to high demand for the feeder accounts it was taking longer than usual

[P @ F]

Well that was helpful, just logged into the HSBC portal , application is still at pre approval, helpline closed and online chat is not available for feeder accounts 

[jk999]

There you go i would have chased it after 7 days

[P @ F]

They say that they are dealing with applications in the order that they came in ,
Maybe it’s because they are apparently the only bank giving to non customers the loans ,
Lloyd’s are now offering them to Halifax customers (me) , but I don’t want to jump ship and end up in a bigger waiting list !

It’s just shocking how HSBC are handling the likes of me , you just can’t get hold of anyone

[JandS]

Applied on a Wednesday morning was in account Thursday morning......no paperwork whatsoever not even a tax return check.

[P @ F]

Applied on a Wednesday morning was in account Thursday morning......no paperwork whatsoever not even a tax return check.

I bet it wasn’t an HSBC feeder account !

[P @ F]

Mine just got paid in , applied on May 11th , not bad , only took the HSBC 3 months