This petition was submitted during the 2019-2024 parliament

Petition Increase the maximum bounce back loan from £50,000 to £100,000

We want the government to increase the limit for bounce back loans to £100,000 to allow businesses to survive the latest lockdown restrictions.

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Businesses are currently struggling to survive and with many the grants currently available will not help with paying rent and untilities which are still due. The CBILS loan is out of reach for many businesses due the 80% guarantee and this will allow many business and industries to survive the latest lockdown restrictions.

This petition is closed This petition ran for 6 months

157 signatures

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10,000