New Zealand’s Business Finance Guarantee Scheme

As part of the government’s economic response to the Coronavirus, Finance Minister Grant Robertson has launched a scheme to support loans to small businesses via banks in NZ.

The $6.25 billion scheme is backed by the government, who cover 80% of the risk, with the remaining 20% covered by the bank. It is aimed at businesses with an annual revenue between $250,000 and $80 million. Loans are up $500,000 per operating business for up to three years, and must be repaid over this time period.

What we know so far

If you are looking for financial support for your business, the more information you can provide the better.

Talk to us about your business plan. We can assist you with the financials and guide you through available funding options. 03 474 0475

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