Government SME Recovery Loan Scheme
To help our business customers access capital as the economy recovers, ANZ is pleased to be providing further long-term funding support to help you get through the ups and downs.
Talk to us about this scheme
The interest rate on Variable Rate Loans is subject to change throughout the term of the Loan.
All lending provided by ANZ under the Australian Government SME Guarantee Scheme is subject to ANZ's normal credit approval criteria. Terms and conditions and Fees and charges apply. For information and eligibility rules please visit Government SME Guarantee Scheme.
Rates may vary based on ANZ’s credit criteria or your financial circumstances.Return
For a secured loan, you’ll need to provide security acceptable to ANZ, meeting ANZ’s requirements, including minimum security coverage and suitable location. Residential property can’t be used as security under the Government Guarantee Scheme. For an unsecured loan you won’t need to provide an asset as security, although a personal guarantee may be required (for example from company directors).Return
Repayment deferral of 12 months is available on term loans, with interest capitalised. Interest capitalisation is the addition of unpaid interest to the outstanding loan balance. The outstanding loan balance increases when payments are postponed during periods of deferment and unpaid interest is capitalised.Return