Black Country news and blogs Monday 27 January 2014
Business
Walsall bank freezes curry account
A Walsall based enterprise is claiming that their company bank account has been frozen despite being £15,000 in the black following receipt of a loan from the Black Country Reinvestment Society.
Hare’s Moor is a small, Walsall based business providing fresh D.I.Y. curry kits to leading supermarkets. The founder, Sally Hares, claims that the kits make cooking an authentic curry from scratch, simple, cost effective and convenient. They supply to Ocado, Harrods and the Co-operative supermarkets.
Hare’s Moor banks with Lloyds TSB Walsall. The company applied for a loan of £15,000 from Black Country Reinvestment Society (BCRS) to purchase better equipment and working capital, in order to service expanding orders from the Coop and Ocado.
The £15,000 loan from BCRS went into their company bank account on Wednesday 6th October 2010. Sally’s company debit cards were declined on Thursday 21st October….
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