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Additional Support for SMEs announced

March 22 2021
Dominic Myssy

The Federal Government has announced changes to its SME Loan Guarantee Scheme. The changes include

 -> an increase in the government guarantee from 50 to 80 per cent

-> an increase in the size of eligible loans increased from $1 million to $5 million.

 The scheme is only available to organisations that received JobKeeper in the March quarter.

For more information on the program, please click here

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