Submitted by Qasim Zubair on Friday 30th October 2020
Published on Friday 6th November 2020
Current status: Closed
Closed: Thursday 6th May 2021
Allow interest-only payments on Bounce Back Loans for up to 10 years
Businesses are suffering really badly across the country.
The government should extend the existing interest-only repayment options for the bounce back loans where business pay the interest only until they have the equity to make repayments of the actual loan, and have this in place for 10 years repayments.
This would help support businesses get through 2021 after already taking such losses in 2020 and a second wave making it worse for businesses.
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188.8.131.52 Sun, 02 Oct 2022 11:24:08 +0100