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Working capital denied 12th loan

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Contributor

Working capital denied 12th loan

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?
7 REPLIES 7
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Contributor

Re: Working capital denied 12th loan

I was denied once before and PayPal told me to keep applying and it eventually changed but just getting nervous now.
Contributor

Re: Working capital denied 12th loan

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.

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Contributor

Re: Working capital denied 12th loan

Yes me either. I tried to phone them but there is no business account agents working just now at all.
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Contributor

Re: Working capital denied 12th loan

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! 

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Contributor

Re: Working capital denied 12th loan

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.
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Contributor

Re: Working capital denied 12th loan

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.

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Contributor

Re: Working capital denied 12th loan

My error code has now changed from DLGJ0656 to DLGJ0645