‘Unrealistic requirements’: Carnell urges loan overhaul as 25% of SMEs knocked back by banks Coronavirus Matthew Elmas 18 August 2020 Loan requirements, high levels of debt and bank rejections are leaving small businesses without access to finance during COVID-19.
‘More debt is not the solution’: Why the government’s COVID-19 loans scheme is unlikely to ever work Coronavirus Neil Slonim 21 July 2020 There are two simple reasons why the government's COVID-19 loans scheme for SMEs has not worked to date, and why it is unlikely to work any better in the future, writes Neil Slonim.
Government-backed COVID-19 loans extended, now worth up to $1 million Coronavirus Matthew Elmas 20 July 2020 The federal government's small business COVID-19 loans scheme will now offer up to $1 million over a five-year term.