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If you took a BBL are you repaying it?

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  • NotAllThere
    replied
    Originally posted by northernladuk View Post
    Originally posted by ensignia View Post
    How exactly was it off-topic?
    Because the topic is are you repaying the BBL and not the legitimacy of taking it I expect
    Exactly this.

    Furthermore, acrimonious debates are not encouraged in the professional forums. If I'd had the option, I'd have just moved your posts. But at the moment that functionality is not working - so your deathless prose is now lost to posterity. Oh dear. How sad. Never mind.

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  • northernladuk
    replied
    Originally posted by ensignia View Post


    Absolute joke. I knew you'd turn up to prune.

    How exactly was it off-topic?
    Because the topic is are you repaying the BBL and not the legitimacy of taking it I expect

    Leave a comment:


  • ensignia
    replied
    Originally posted by NotAllThere View Post
    Off topic posts + responses removed. If you want to claim that any contractors claiming this lack integrity, then in the General forum please.

    Absolute joke. I knew you'd turn up to prune.

    How exactly was it off-topic?

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  • SussexSeagull
    replied
    I entirely legitimately took out a loan during an extreme lean period and fully intend to pay it back.

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  • NotAllThere
    replied
    Off topic posts + responses removed. If you want to claim that any contractors claiming this lack integrity, then in the General forum please.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by Paralytic View Post

    Whataboutery at its finest. Please hand yourself in to your nearest cop-shop for your flagrant and shameless fraudulent activity.
    It's a fair cop. Guilty as charged m'lud

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  • Paralytic
    replied
    Originally posted by northernladuk View Post
    If you want to pick on people commiting fraud just look at those companies that took it, put staff on furlough, made them work and came out of it all much better off. Much bigger fish to fry.
    Whataboutery at its finest. Please hand yourself in to your nearest cop-shop for your flagrant and shameless fraudulent activity.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by d000hg View Post
    It doesn't really matter if you agree. It was specifically offered for companies affected by CV, in fact I'm pretty sure you had to state this was the case when applying for the loan. It's called BBL for a reason - it's to help you bounce back. It wasn't called the "I might need to bounce back later loan". Whether the loan is still available when you later run into problems is immaterial. It's certainly really poor business to fraudulently take a loan on the basis "I am not eligible now but I want to make sure I don't miss out on the free cash later".
    We could carry on but it's pointless arguing the semantics. It really is neither here nor there. IMO we were all affected as the bottom dropped out of the market and many people were facing very tough conditions. Was the box 'adversely affected by covid' ticked a bit friviously with an eye on the potential fall out coming? Maybe so but jesus, to call that fraud is a very long call.

    And so what if people accepted it on a bounce back later loan. It's still business and it was still a good call. Most of us on here ticked it in good faith IMO. I didn't actually need it thankfully and it will be paid back in full. Do I feel I've fraudulently got a loan? Do I buggery. Thankfully I have indeed ended up falling in to the catagory 'it was a free loan' but it could well just have been needed.

    If you want to pick on people commiting fraud just look at those companies that took it, put staff on furlough, made them work and came out of it all much better off. Much bigger fish to fry.
    Last edited by northernladuk; 5 October 2021, 14:41.

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  • jamesbrown
    replied
    Agree with d000hg on this one, although I'll add that they were keen for high uptake and it's probably a low bar to demonstrate impact (e.g., out of contract but not really looking, in contract but reduced time/deliverables etc.) - it wouldn't be hard to spin it. Still, d000hg is absolutely correct that it was intended for businesses that were impacted by CV19 and you had to self-certify that along with a few other things (e.g., not a "business in difficulty" at the end of CY19).

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  • d000hg
    replied
    Originally posted by northernladuk View Post

    I don't agree at all. What business waits till it's in the crap before taking offers of help. We had a global pandemic going on and the world was turning to rat tulip. What business doesn't take help when it's offered that they may need in what, the next 6, 12 24 month? We had absolutely no idea what was going to happen. We wait until the money dried up, scheme wasn't available, business down the pan and then apply? That's really poor business.
    It doesn't really matter if you agree. It was specifically offered for companies affected by CV, in fact I'm pretty sure you had to state this was the case when applying for the loan. It's called BBL for a reason - it's to help you bounce back. It wasn't called the "I might need to bounce back later loan". Whether the loan is still available when you later run into problems is immaterial. It's certainly really poor business to fraudulently take a loan on the basis "I am not eligible now but I want to make sure I don't miss out on the free cash later".

    Leave a comment:

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