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Supporting more small and medium sized business to access funding

  • Eligibility for the SME Recovery Loan Scheme is expanding.
  • Eligibility requirement removed for SMEs to have received JobKeeper during the March quarter of 2021 or to have been a flood affected business
  • Repayment holiday of up to 24 months.
  • May be used to refinance any pre-existing debt
  • Loans can be either unsecured or secured
  • Loans available until 31 December 2021