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SME loan scheme was ‘a little bit before its time’, admits ABA

The Australian Banking Association hopes a growth in business confidence will lead to a better take-up of the government’s revamped SME guarantee scheme, conceding that the original scheme was introduced “a little bit before its time”.

SME loan scheme was ‘a little bit before its time’, admits ABA
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SME loan scheme was ‘a little bit before its time’, admits ABA

In July, the federal government announced it would extend its Coronavirus SME Guarantee Scheme to 30 June 2021.

Read more at MyBusiness

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