More Relief for Businesses Affected by COVID-19 as Government Announce the Small Business Cashflow
Amended 11 May 2020 The Government has introduced a Small Business Cashflow (loan) Scheme to support small to medium businesses owners, including sole traders and self-employed, to support their immediate cashflow needs and meet fixed costs, due to the impacts of COVID-19. Businesses with up to 50 full-time equivalent employees can apply. The amount of the loan is up to $100,000 (In most cases, businesses will be entitled to a loan amount of $10,000 plus $1,800 per full-time-