Australian banks will defer loan repayments for 98% of all businesses affected by COVID-19 for six months.

If your business has loan facilities of up to $10m, and has been impacted by the coronavirus pandemic and lock downs, contact your bank online today.

Australian banks have hardship teams ready to help. If you’re dealing with the impact of the COVID-19 pandemic, or drought, bushfire or flood, there are practical ways your bank can help. The type of assistance will depend on individual circumstances.

Assistance can  include:

  • A deferral of scheduled loan repayments

  • Waiving fees and charges

  • Interest free periods or no interest rate increases

  • Debt consolidation to help make repayments more manageable.

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