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Expand Bounce Back Loan eligibility to businesses established since March 2020

Submitted by nicholas jones on Sunday 21st February 2021

Published on Monday 8th March 2021

Current status: Closed

Closed: Wednesday 8th September 2021

Signatures: 7

Relevant Departments

Tagged with

2020 ~ Expand ~ Loan ~ March ~ March 2020 ~ Scheme

Petition Action

Expand Bounce Back Loan eligibility to businesses established since March 2020

Petition Details

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.

Additional Information

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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