Banks across the country have announced a number of initiatives to ease the pressure on businesses during this period.

Some key initiatives include deferring of repayments on business loans, offering unsecured loans with no repayments for 6 months, waiving of merchant terminal fees and interest rate cuts.

There are some great offers on business loan interest rates currently, and this is a great opportunity to take advantage of the SME Guarantee Scheme, so it might be worth getting in touch with your bank or lender now.

We’ll continue to update this page with new bank offerings, so make sure you sign up or check in often to stay in touch with the latest banking offers.

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