Today, the government announced a package that will further support Australian small business during these uncertain times. This means that if you are an Australian business with less than $50m turnover, you may be eligible to access an unsecured loan of up to $250k at historically low rates.
Whilst the fine print hasn't been released from the government as to the terms and conditions, know Finport will be there to assist with International and Domestic Purchase Order Finance.
Finport account managers will be available from early Monday morning, with customers or brokers able to lodge enquiries online, email or via your account manager.
We stand shoulder to shoulder with the wider industry and are ready to support our small business community. For other support that we can provide to businesses during these uncertain times, please visit Finport.com.
I'm busy working on my blog posts. Watch this space!