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Business Finance Guarantee Simplified And Expanded (Scoop NZ)

NEW ZEALAND

Changes to simplify and expand the Business Finance Guarantee Scheme will allow banks to make more loans available under the Government's 80% guarantee. Finance Minister Grant Robertson said the Treasury and banks have been working to update the scheme based on feedback from banks and their customers. Changes include longer loan terms and a higher maximum loan amount covered by the scheme.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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