Sign in
☰
People MPsHouse of LordsGovernmentOppositionPartiesCommittees Votes Commons votesLords votesVotes by issueTopicsStats & rankingsParliament in numbers Legislation BillsEarly day motionsPetitions Elections Election resultsConstituenciesWho is my MP? Scotland OverviewMSPsScottish GovernmentVotesBillsMotionsCommitteesConstituencies & regionsElections Search Sign in

Petition · past parliament · HM Treasury

Increase the length of the Business Interruption Payment on CBILS.

Closed 65 signatures

What the petition asks

In March, when the CBILS loan was announced, the Government agreed to cover the first 12 months of interest as a Business Interruption Payment (BIP). For those early applicants, the first payments will be due soon but the virus has not allowed sufficient trading to allow for this.
The BIP payment should be increased to allow for sufficient trading to occur in order for these payments to be made. In addition, all CBILS lenders should be encouraged to offer 10 year CBILS offerings. the Virus has impacted everyone far more than initially anticipated and therefore some flexibility on these matters would be very well received.

Timeline

25 Jan 2021 Petition opened for signatures
25 Jul 2021 Closed to new signatures

Key facts

Signatures 65
Status Closed
Department HM Treasury
Opened 25 Jan 2021
Closed 25 Jul 2021

Follow this petition

Sign in to get an email when the government responds, a debate is scheduled or held, or the petition closes.

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