Australian Government Expands SME Recovery Loan Scheme Eligibility
The Australian Government will remove the eligibility requirements of small and medium businesses (SMB) to have received JobKeeper during the March quarter of 2021 or to have been a flood affected business. Eligible SMBs will be able to access loans of up to $5 million for up to a 10-year period with two years repayment free.
Further information can be found on treasury.gov.au.
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