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I dont remember the exact date but i think i registered on 12th may

They’re not, they’re just lying no transparency. They do not have money to lend. I think they’re waiting to raise money from bank of england who knows how long its gonna take. I dont know a single person who’s got bbl from tide

The last Tide moderator to be online was Valentine over 2 hours ago. I hope I’m wrong but I’m beginning to fear the worst. No answers on here all day. I think I will be removing my money from my Tide account and not having anything paid in until we see what is going on.

I can’t see them raising at the boe they would need a full banking licence which i think unlikely, no doubt would be nice if Boe put legislation in place to make it happen tho as a one off to support the bbl scheme.

Bottom line is trying to sort a deal with a private lender @ hundreds of millions takes time 2+ months imo.

Just the way it is, sadly no amount of posting from us online is going to speed that up.

Just gotta keep the faith :blush:

My faith is diminishing by the second. This really is awful customer relations.

Hang in there mate, chin up and all that

It’s out of our hands so there’s not much more we can do but wait and keep optimistic.

I think they’ll come through but it might be another 2/3 weeks yet.

Because they don’t know ? might be later this week, or in 2 weeks or maybe longer… perhaps they thought they were close recently ? Perhaps a lender dropped out ? Perhaps it won’t happen ?

I’m not defending tides confusing lists etc but I can fully see why they can’t put a fixed date on it & why it could take a lot longer than they even envisage.

I dig your frustrations, we’re all in the same boat… end of the day, do all we can, sign up to all banks, try every angle, sign petitions, lobby to mp’s … and if we still end up going down at least we can’t be disappointed with ourselves for not trying our hardest.

Just some communication isn’t much to ask ??
I don’t care who Oliver Prill thinks he is he’s not my boss so as a customer of his he should have the decency of communication to us ??
Bloody rude

Ah Cam. You just reminded me about the lists. On Thursday they said the app tracker would be very soon. It’s now the close of play Monday and nothing. I’m sure you will agree with me that is not what should be called very soon.

Unfortunately Tide are my last angle.

But I agree with you that there is nothing we can do. Especially on here when a single moderator has not been online in the last 3 hours.

I agree, It’s not - but just as with the loans, I’m sure they would prefer to have it all sorted.

They’re not intentionally leading people on to screw them over, they have over promised & under delivered but not intentionally.

My bank haven’t even bothered to try so in my book tide are a cut above that even if so far it’s not gone quite to plan.

They will come through, but let’s face it we need to raise funds, somehow elsewhere to tie us over till then.

I also think people who haven’t received furlough or grants or self employment support WILL get something soon, need to keep putting pressure on the toffs in office.

I honestly think they will find they cannot leave anyone who started a business or working for themselves in the last 16 months out from any support, the most un progressive economically ridiculous thing they could do and I think they will realise especially with 3m people giving them shit lol.

:crossed_fingers:

I wish I shared your optimism Cam but I’m at breaking point. I’m days if not hours away from losing absolutely everything that I’ve worked all my life for.

What can be done? There is very often a way through mate, take on an investor? Bridging loan? Invoice finance? Take to supplier hold them off / rent breaks? If you need to brain storm with someone hit me up on a private message mate.

I really have tried or done all that mate. Started the business last August after 10 years of saving to buy my house outright. Ploughed everything I had into the business which was going so great I moved it to the next level in January. In January I had £67,000 worth of confirmed bookings for the year however since c19 that’s dropped to £49,000 providing I can be back up in business by the end of July.

I won’t have a business but then if I can’t raise £15,000.

I’m in the catering industry so selling my assets won’t help as obviously people are not buying so that leaves me with nothing as all the cash I had has been put into various things for the years future bookings.

Shit yeah. I’m in catering industry too mate, sounds like we are in a very similar position - the only real thing I’ve had to sell is my car which is now gone & also running on fumes I think I can last till august tho and I could possibly take an investor in for a few grand for say a 10% cut on profit moving forward, probably wouldn’t be on the most favourable terms but provided we don’t lose everything I don’t really mind.

I have a horsebox trailer Ive half turned into mobile catering, needs a few more grand on it, everything in place back end wise, licences sorted with council, location etc & even more so now given the “new normal” and so many restaurants hemoraging money I think will absolutely cream it going forward… but - currrently unless I get cash flow nowt is going to come about.

How about remortgage for a very small amount, use it as a bridging loan and pay it off when sorted ?

Where you based mate ?

@Andyp1966 the caterers that manage to weather this storm will have an increased market share moving forward … in Cornwall where I’m established 40% of places may never open again… people still want to eat & next year U.K. holidays will do well

make all this your motivation not to throw in the towel like many others will !!

It’s undoubtedly a f’in sh*t position we’ve been forced into. I really do see us coming right & even going on to thrive provided we make it through till we get working again.

I’m based in Cheshire. I do very private dining for clients after that Michelin star experience in the home. Think Cheshire housewives.

Me and the wife saved extremely hard to buy this house outright so the thought of taking out a mortgage on it when c19 could possibly hit us again is not something I would ever think of asking her to do to be brutally honest.

As I said I have bookings all year and the £49,000 I’m due to gain is profit but not a single bank will touch me on bookings alone for the simple reason the bookings may disappear if a 2nd wave hits.