
TMM - News
Mixed response to Business Finance Guarantee Scheme

Monday 24th of August 2020
Last week, finance minister Grant Robertson raised the size of loans available under the scheme to $5 million, up from $500,000. Funds can now be used for capital investment and general purpose borrowing, rather than just cash flow issues.
The Government move was designed to boost the popularity of the $6.25 billion programme, set up to give SMEs low-cost loans. The Government underwrit...
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