How To: Deal with a Bounce Back Loan

Bounce back loans (BBLs) and the Coronavirus Business Interruption Loan Scheme (CBILS) came to the rescue of many businesses in 2020, but not all applications were genuine or appropriate.  HM Treasury has estimated the loss to the tax payer runs into billions of pounds.  As IPs, it is our obligation to investigate on appointment and, there is a current focus on the misuse and recovery of BBL and CBILS lending.

In this webinar we will look at an IP’s responsibilities and obligations to investigate BBL and CBILS debt, and consider the practical steps required when completing AML and Ethics checks, SIP 2 investigations in practice and CDDA reporting.

Recorded 27 January 2023

• Overview of BBL and CBILS qualifying criteria and how to check these were met
• How to source the original application form
• BBL and CBILS declaration pre-appointment – impact on accepting appointment and what you need to consider
• Tracking the use of funds borrowed - what to look for and how to check
• Reporting BBL and CBILS mis-use – how to report in relation to AML, NOCLAR, SIP 2 and CDDA
• Practical suggestions for recovery of sums misapplied

Anyone looking for an introduction to the issue of misuse of BBL and CBILS, lending and/or a practical approach to dealing with recovery of sums for the benefit of creditors.

£55 + VAT per person

50% reduction for every third one-hour series you book.

Webinar fee includes electronic version of course documentation.

Team Booking Discount

  5-10 team members - £200 + VAT

11-25 team members - £375 + VAT

26-50 team members - £500 + VAT

50+ price on application

If you are looking to make a team booking, please email courses@insolvencysupportservices.com. 

Booking Terms

The purchase of an ISS Training webinar recording permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and/or distribution of an ISS Training webinar recordings or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.

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