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LETS GET DOWN TO BUSINESS.

Question :
What financial support, aside from wage subsidies, are there for companies under $250K revenue. We fall just short of this but can’t see why there isn’t a pro-rata approach to keep small businesses running.

Question submitted 21/04/20 @ 12:59pm
Industry: COVID-19 Funding & Support
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  • Hi Lynn, I am not aware of any other financial support programmes for businesses unless they are like R&D initiatives. When you say ‘pro-rata’ can you just explain that – the Business Finance Scheme is just a loan from Banks and yes it is has a min. $250k revenue requirement – but it is not a grant, and a loan. Andy

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