05 Jun (Almost) last call for Small Business Cashflow Loan
The Small Business Cashflow Loan Scheme looks to have been reasonably successful – at the end of last week, it was approaching $1 billion in loans advanced. The feedback that we have heard has been largely positive with most receiving the loans quickly.
This is a temporary scheme and at this stage, it is due to finish on the 12th of June, so if you operate a small business and need a shot of cash, we think it is a good idea have a look at this. It is interest free if it is repaid within a year, and if not repaid within a year, the interest rate is 3%.
If you want to find out more about the loan, we have a very brief video that you can watch here: https://www.aroadvisers.com/watch/. If you do want to apply, you will need a myIR login, you can find out how to do that by following the same link.