Working capital denied 12th loan
Twinkletoosiesx
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Posted on
Mar-26-2020
10:22 AM
I paid my loan off early yesterday in the hopes of getting another one to keep my business afloat during this time. My sales haven't slowed and are only a bit less than last year. I have had 11 loans all paid off in full to £28k. Now I'm being denied and honestly don't know why. I have always got the next loan the same day as the last payment was made. Anyone else having any issues getting another loan?
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Working Capital
7 REPLIES 7
Twinkletoosiesx
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Mar-26-2020
10:23 AM
I was denied once before and PayPal told me to keep applying and it eventually changed but just getting nervous now.
EECVAIAC
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Mar-26-2020
12:08 PM
I have not even gotten the secondary invite yet. I paid off a loan early that was about 80% paid off, to take another one to get through this time - and they have not sent an invite for a next loan, which normally they do.
Twinkletoosiesx
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Mar-28-2020
04:07 AM
Yes me either. I tried to phone them but there is no business account agents working just now at all.
petra40cat
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Mar-29-2020
08:07 AM
It looks like they may have stopped but I cant even get an answer from them through e mails, apart from please call customer services which is constantly engaged!
Twinkletoosiesx
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Mar-29-2020
12:41 PM
I sat on hold for about an hour and they put me through to the working capital team... sat on hold for another 20 mins and an automated message played saying there are no working capital representatives working atm.
EECVAIAC
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Mar-30-2020
04:30 AM
I still have not gotten an invite for a new line, but the application was available.
I submitted it but for the first time it tells me it will send an offer via email.
Twinkletoosiesx
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Mar-30-2020
05:17 AM
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