I want to inform about giving support to the…

About this web web page

• Coronavirus SME Guarantee Scheme
• Use of credit for smaller businesses
• Giving support to the movement and reducing the price of credit
• Supporting Non-ADI and smaller ADI loan providers
• Ensuring banking institutions are well put to provide

SME Guarantee Scheme

The Coronavirus SME Guarantee Scheme will offer support for these companies. The Government will provide a guarantee of 50 per cent to small and medium enterprise (SME) lenders for new unsecured loans to be used for working capital under the Scheme. This may enhance these lenders’ willingness and power to offer credit, that will lead to SMEs having the ability to access extra money to help support them through the upcoming monthsSMEs by having a return all the way to $50 million will undoubtedly be entitled to get these loans

Qualified loan providers are offering assured loans as much as 30 September 2020 in the terms that are following

Read more “I want to inform about giving support to the movement of credit” →