The Finance ministry is currently getting the clearances needed for the latest ECLGS expansion. The expanded ambit will come into force as soon as those clearances are availed.
TrailBlazer joins SME Recovery Loan Scheme panel
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The non-bank lender has become the 19th member of the government’s SME Recovery Loan Scheme.
TrailBlazer Finance, a boutique lender offering business loans, valuations, and M&A advice and execution to financial intermediaries, has joined the lender panel for the government’s SME Recovery Loan Scheme.
The government initiative extends the Coronavirus Small-to-Medium Enterprises (SME) Loan Guarantee Scheme to cover not only businesses that were receiving the JobKeeper payment between 4 January 2021 and 28 March 2021, but also those in eligible local government areas impacted by the floods in NSW and Queensland in March.
Liberty joins SME Recovery Loan Scheme
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The non-bank lender has become the latest lender to join the panel of the government’s SME Recovery Loan Scheme.
Liberty Financial (Liberty) has joined the lender panel of the government’s SME Recovery Loan Scheme.
As announced in March, the government initiative extends the Coronavirus Small-to-Medium Enterprises (SME) Loan Guarantee Scheme to not only cover businesses that were receiving the JobKeeper payment between 4 January 2021 and 28 March 2021, but also those in eligible Local Government Areas impacted by the floods in NSW and Queensland in March.
Under the scheme, which aims to help SMEs “access vital additional funding to get through the impact of coronavirus, recover and invest for the future”, the government guarantees 80 per cent of the loan amount.
Before we begin, allow me first to acknowledge and mourn the loss of our dear comrades, the late General Secretaries of the National Union of Mineworkers, David Siphunzi and Koena Ramatlou of the South African Municipal Workers’ Union and John Dlamini, the former President of SAMWU, amongst many other comrades, friends and families whom we have lost over this past painful year.
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