Empowering Smes

Crowd Sourced Funding Expected To Be In Demand In 2020/21



Concerns About Business Funding From 1st October 2020 Onwards Whilst the Australian government has announced that the Coronavirus SME Guarantee Loan will be redrawn and applications enabled until 30th June 2021, a $1 million maximum loan for a period of 5 years, with the money being able to be used for any business purpose, there is still an expectation that many businesses will have difficulties in negotiating with banks for new funding facilities from 1st October 2020. Read more: https://www.esssmallbusiness.com.au/index.php?option=com_zoo&task=item&item_id=270&Itemid=639