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Business Start-Up Scheme- Bank Loans

Submitted on Monday 22nd August 2011

Published on Tuesday 23rd August 2011

Current status: Closed

Closed: Thursday 23rd August 2012

Signatures: 2

Petition Action

Business Start-Up Scheme- Bank Loans

Additional Information

The government should institute a bank loan scheme for start-ups. This would be 100% guarantee on the bank loan up to £1 million.

Banks currently will not lend without a huge amount of collateral and is holding this country back.

A 100% government loan guarantee would redress the balance.

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