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7 Jul 2025 18:02
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  •   Home > News > Business

    The Small Business Loan Cashflow Scheme is being extended until the end of the year

    The Small Business Loan Cashflow Scheme is being extended until the end of the year


    The Government has received 90,000 applications so far, and paid out over $1.5 billion in loans.

    Minster for small business Stuart Nash says a lot of businesses will benefit.

    Mr Nash says in the first year you pay no interest.

    After that you pay three per cent from the date you draw it down, and you don't have to start paying it back for two years and you have five years in total to pay it back.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     07 Jul: Tweaks to the Family Boost scheme from this month - aiming to help combat high living costs, and cover people missing out
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     05 Jul: A surge in new car sales - on the back of a tough couple of years for the market
     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
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    BUSINESS BUSINESS
    The hard questions NZ must ask about the claimed economic benefits of fast-track mining projects More...



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