Petition · past parliament

Give small businesses a grant to repay any outstanding Bounce Back Loans

Closed 33 signatures

What the petition asks

We want the Government to help small businesses who are still trying to get back on their feet and now feeling the financial burden of the Bounce Back Loan repayments, whilst trying to turn their business around in the middle of a major cost of living and heightened inflation crisis.
During the pandemic many self-employed business owners received grants, whereas small Limited Companies, operating on a similar basis to self-employed, had to turn to the Bounce Back Loan to provide desperate monetary assistance.

However, unlike a grant, the loan needs paying back and right in the middle of the worst cost of living crisis. The timing of all of this could not be worse, but it seems unfair to pay grants to one type of small business owner while only loans were made available to another.

Timeline

22 Jul 2022 Petition opened for signatures
5 Feb 2023 Closed to new signatures

Key facts

Signatures 33
Status Closed
Opened 22 Jul 2022
Closed 5 Feb 2023

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