This petition was submitted during the 2019 to 2024 Parliament
Closed petition Expand Bounce Back Loan eligibility to businesses established since March 2020
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The bounce back loan scheme was unfair towards businesses that couldn’t claim an allowance because they weren’t operational before March 2020. The Government needs to allow all businesses to be able to claim an allowance.
This has given an unfair advantage going forward in the future to businesses which were able to claim. Businesses like mine will not be able to compete with a company that was awarded say £50,000.
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 8 September 2021.