IMPORTANT - Up-Front Payment and Advanced Fee Fraud

Up-Front Payment and Advanced Fee Fraud

Business Loans Scotland is aware of an Advanced Fee Fraud using our name or initials “BLS”. This Fraud induces individuals into believing they are applying for a fast loan but before an individual receives the loan they are told they must pay an upfront fee. Once the fee is paid, the victim does not hear from the company again and the loan is never received.
Business Loans Scotland does not ask a Borrower for any fees up-front and any promise of this type of loan requiring an up-front fee is a CON.
If a fraud has been committed, please report it immediately to the Police.

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Loans Totalling Over £2m Issued to Scottish SMEs to Boost Business Growth

08/10/19

Fully funded through the Scottish Growth Scheme and the European Regional Development Fund (ERDF), Business Loans Scotland has currently invested in 30 Scottish SMEs, with this figure expected to rise to over 100 by the end of 2021.

Providing loans from £25,000 to £100,000, Business Loans Scotland …

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