$5m lifeline for business
Apr 28, 2021
2 minutes
Michelle Baltazar
Small business owners worried about their cash flow while business is still slow can take advantage of a new type of bank loan.
This product is made possible by the federal government’s efforts to help businesses get through the pandemic.
Under the so-called SME Recovery Loan Scheme, which came into effect on April 1, eligible businesses can borrow up to $5 million, of which 80% is guaranteed
You’re reading a preview, subscribe to read more.
Start your free 30 days