Independent Banking Advisory Service 

Business Banking dispute solutions

Business Banking, Small Business banking dispute solutions - many business banking disputes arise from previously ‘good banking relationships’. Often 'good relations' turn sour when market conditions or banking personnel changed and banking 'friends' then became business predators. The present economic situation and recession is such a time.

During the last year we advised and assisted Businesses with Business Banking solutions by analysis and investigations of disputes, business bank account overdraft analysis and provided business banking solutions for a wide range of banking disputes.

We have investigated and negotiated issues involving business bank facilities and allegations including:

Business bank loan account double charging.

Bank pressuring business for more assets, lower borrowings, higher personal guarantees and personal guarantees secured on family homes.

Intense or aggressive pressure from bankers to reduce business borrowings / provide more business assets or pressure to factor with a bank factoring company.

Personal guarantees for bank overdraft/loan facilities called on by bank years after business directorship and involvement  in company ceased.

Banks requiring greater security for company borrowings but also reducing lending.

Business current account bank overcharging of interest and business current account bank overcharging for double debits and fees.  

Overcharging on business banking current account/ loan/ guarantee/ mortgage.

Bank breach of contract.

Business bank current accounts/ mortgages/ loans being moved (or removed) from branch to debt recovery department / specialized lending unit / business support unit / business recovery support unit.

Bank forgery of security documents.

Bank misrepresentations in obtaining security.

Tracing ‘lost’ business bank accounts, moved and then ‘lost’ in an offshore bank.

Bank lending on both undervalued and overvalued property.

Unauthorized cheque payments and BACS payments by bank branches.

Bank paying outside company mandate for business account/s.

SFLGS Business Failures - Provided pre-litigation assistance on issues ranging from company loss, bank mistake, security taking, debenture taking and debenture registration and the taking of and 'calling up' of associated bank personal guarantees.

Unauthorized withdrawals and Proven thefts from company bank accounts by company employees and associated money laundering – Provided analysis, investigated and collated evidence to calculate loss in these cases.

Many "sound" small firms could be bankrupt by Christmas because of the financial crisis, business bosses warn. We already know that to be factual - but forums and 'chatshops' won't stop it affecting your business.

Where banking is concerned IBAS are more than just an extra 'pair of hands' and we spend our time helping members avoid or overcome  business difficulties. We provide truly independent, impartial banking advice and direct assistance with business help for members with their business and banking, whilst also campaigning on banking issues. email us or call us on 01487 843444 and tell us how we can help your business.