The Australian Banking Association says that ALL SMALL business hit by the corona virus will be able to access a 6 mth deferral of loan payments.
We recommend that all small businesses speak to your bank(s) to find more details. Some banks have also announced a holiday for home loans. That also supports small business as many small businesses secure loans against their home.
Your banks website will provide details for the process for your bank. I recommend that you engage with them very soon.
We’re also offering a free meeting (zoom or phone) to discuss an action plan for your business, this is available for clients including new clients. If you want help dealing with your bank to secure these extensions please let us know. We will do everything we can to support you and we have allocated time with no fee charge, for each client assistance.
To book your meeting please phone the office on (07) 3823 2344 or book online.
More information here
