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Government expands SME loan scheme eligibility

Businesses that didn’t previously receive JobKeeper will now be eligible for loans of up to $5 million under the scheme, which will be made available through select lenders until 31 December.

Government expands SME loan scheme eligibility
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Government expands SME loan scheme eligibility

Treasurer Josh Frydenberg on Wednesday announced that the Morrison government will do away with requirements that a business would need to have previously received JobKeeper or be a flood-affected business to be eligible for the SME Recovery Loan Scheme.

Read more at Accountants Daily.

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