Petition · past parliament · HM Treasury

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

Closed 157 signatures

What the petition asks

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

Timeline

4 Dec 2020 Petition opened for signatures
4 Jun 2021 Closed to new signatures

Key facts

Signatures 157
Status Closed
Department HM Treasury
Opened 4 Dec 2020
Closed 4 Jun 2021

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Source: the official petition page. Last checked 15 Jul 2026.