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Westpac announces support for WA customers impacted by Cyclone Seroja

Westpac announces low interest rate loans for small businesses as part of SME Recovery Loan Scheme

Date Time Share Westpac Westpac has extended its support for small businesses impacted by the COVID-19 pandemic through releasing new low interest rate loans as part of the Federal Government’s SME Recovery Loan Scheme. Businesses impacted by the recent floods are also encouraged to apply for finance under the Scheme. From today, eligible new and existing small business customers can access the following loans: 2.58% p.a. interest rate for 3 or 5 year fully secured variable loans 1. 1. “The Federal Government’s SME Recovery Loan Scheme will provide a lifeline to businesses that need more time and support to get back on their feet following the impacts of the COVID-19 pandemic and floods,” said Westpac Chief Executive Consumer & Business Banking, Chris de Bruin.

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