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  • Products
    • Unsecured Business Loan
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    • Expansion & Relocation
    • Capital (Asset) Expenditure
    • Invoice Finance
    • Collateral Backed Loan
    • Property Bridging Loans
    • Refurbishment
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    • Tax Loans
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  • FAQs
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Daily Archives: May 16, 2021

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UK directors face bans for avoiding repayment of COVID loans

News/OpinionBy Access FundsMay 16, 2021Leave a comment

Ministers are set to crack down on company directors seeking to dissolve their businesses to avoid repaying creditors in a bid to prevent the loophole being exploited to write off government-backed emergency COVID loans. The Insolvency Service will be given increased powers to investigate and sanction directors found to have abused the process. The measures…

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