COVID-19 Updates

loan

Queensland Covid19 Job Support Loan UPDATED

Queensland Covid19 Job Support Loan UPDATED
 
As previously advised the Qld government have released a $250,000 loan to eligible businesses to retain employees and maintain their operations.
 
To apply go to:
 
 

As expected the criteria to be eligible has been further expanded. Any clients wanting to access this support that require help please email us a list of the information that you require for your application, we are here to help.
 
Loan features
 
· $500 million loan scheme
· Maximum loan up to $250,000
· No repayments or interest charged for the first year
· Plus two years interest only
· 2.5% fixed interest rate
· 10-year term of loan
· Open until 25 September 2020 or until funding is fully committed.
 
To successfully apply online, have ready your
 
· Business Financial Statements for 2017-18 and 2018-19
· Personal Taxation Returns for 2017-18 and 2018-19
· Bank Account Information
· Australian Tax Office (ATO) Integrated Client Account Statement
· Aged list of debtors and creditors at time of application
· Applicant Identification
· Organisation Constitution or Rules of Association and Certificate of Incorporation (if applying as a non-profit organisation)
· Trust Deed (if applying as a trust).
Again, any clients wanting to access this support that require help please email us a list of the in information that you require for your application, we are here to help.