Allow access to higher percentage for bounce back loans

As it stands a business can only get a bounce back loan or top up a bounce back loan to the value of 25% of 2019’s turnover, at the beginning of this awful pandemic no one thought we would still be in lockdowns at this stage of proceedings, small businesses like myself who are a one director company need to access these funds to stay afloat, but apparently once you have had the 25% there are no more accessible funds, this needs upgrading so that small individual businesses can access desperate funding, also businesses with premises have had grants no repayable and other small businesses with no premises have had no grants what so ever.

It’s important as sole traders and small LTD company’s keep towns and local areas supported with there services and offer job opportunities to local people in the community, a lot of small local businesses will go under if extra funding is not made available,