COVID-19: Business Loans

Federal Government SME Guarantee Scheme

The federal government will guarantee 50% of new loans of up to $250,000 issued by eligible lenders to small and medium businesses affected by Covid-19.  The scheme is designed to enhance the lenders willingness to provide credit and support SME’s in vital funding.  The loans are for up to 3 years and an initial six month repayment holiday.  Available up to 30 September 2020.

For more information please click here.

Queensland Government

Loans of up to $250,000 for small and medium businesses affected by Covid-1 with an initial 12-month interest free period for businesses to retain staff. 

For more information please click here.