The government has announced a new interest free loan facility for SMEs, along with some overdue changes to the existing Business Finance Guarantee Scheme. Small Business Cashflow Loan Scheme This newly announced scheme provides a loan facility for SMEs that employ 50 or fewer staff. The amount is capped at $100,000.00. These loans will be …
Coronavirus – Small Business Cashflow Loan Scheme Read More »
Coronavirus – Business Finance Guarantee Scheme The government has announced details around their Business Finance Guarantee Scheme. The intention is to assist businesses with both cashflow and operating expenses. The scheme will offer a total of $6.25 billion in loans to New Zealand businesses. The Government is guaranteeing 80% of the risk, while the banks …
Business Loans: Improving the Odds In a guest post, David Paulin shares his tips with us about improving the odds with that business loan application. Have you recently found banks can take a long time to make a decision and then can easily say no without explaining why? To avoid feeling frustrated, annoyed, angry or …
