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HSBC halts new bounce back loan applications due to huge demand

Loans

HSBC halts new bounce back loan applications due to huge demand

The Telegraph - Michael O'Dwyer

The bank told new customers they will no longer be able to apply for bounce back loans HSBC has pulled up the drawbridge on pandemic lending to new business customers as it struggles to meet demand for Government-backed emergency loans. The troubled bank stopped accepting applications for new …

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