An update regarding the Cashflow Loan Scheme.
This is the snippet from the Government press release:
"The Government will provide interest free loans for a year to small businesses impacted by the COVID-19 economic shock to support their immediate cash flow needs and meet fixed costs.
The Minister of Finance and Minister of Revenue say the Small Business Cashflow Loan Scheme will provide assistance of up to $100,000 to firms employing 50 or fewer full-time equivalent employees.
It has become clear that the support that is available to our small and medium businesses