SME Recovery Loan Scheme
The Federal Government’s SME Recovery Loan Scheme is designed to support the economic recovery, and to provide continued assistance to SMEs with a turnover of up to $250 million that received JobKeeper payment between 4 January 2021 and 28 March 2021. The Scheme is enhancing lenders’ ability to provide cheaper credit
Participating lenders are offering guaranteed loans on the following terms
- The Government guarantee will be 80% of the loan amount.
- Lenders can offer borrowers a repayment holiday of up to 24 months.
- Loans can be used for a broad range of business purposes,
- Borrowers can access up to $5 million in total, in addition to the Phase 1 and Phase 2 loan limits
- Loans are for terms of up to 10 years, with an optional repayment holiday period.
- Loans can be either unsecured or secured
- The interest rate on loans will be determined by lenders, but will be capped at around 7.5 per cent
see Commonwealth Treasury website for full information: https://treasury.gov.au/coronavirus/sme-recovery-loan-scheme
Dandenong Mask Shortage
Dandenong is facing an immediate shortage of disposable face masks.
The most vulnerable members of the community are currently at risk, including the homeless, community boarding houses and residents isolating in caravans who currently have no access to PPE.
5,000 are needed immediately.
How can you help?
We understand that this is a challenging time for many businesses. If your organisation has a surplus supply of new disposable face masks, please consider donating them to the vulnerable residents of Dandenong.
The option is also available to purchase your excess masks as to not leave our local businesses out of pocket. Please indicate if this if your preferred option.
These masks will be collected ASAP and immediately distributed to the most vulnerable members of the community.
Donated/purchased masks may be collected from your premises by arrangement, with any site visit adhering to physical distancing requirements and your individual COVID Safe Plan.
If you can assist or would like to know more, please contact Marcus Barber today via firstname.lastname@example.org
Thank you for your support!
Hand Sanitiser Station
Catten Industries have recently become a certified Australian Made license holder. As part of this initiative, Catten have designed and manufactured a Hand Sanitiser Station to help control the spread of viruses such as COVID-19.
The Hand Sanitiser Stands come in a textured powder coated finish, or in a stainless steel finish.
Contact us at email@example.com for further information.
COVID -19 Manufacture Response
This register has been devised to capture expressions of interest from Australian based manufacturers and individuals looking to assist with supply of goods, services or knowledge in tackling the current COVID-19 outbreak in Australia. As the situation develops, there may be a need for the goods you manufacture, the supplies you hold or the skills you have to be called upon.
Via this portal, the Advanced Manufacturing Growth Centre aims to collate any expressions of interest with regards to supporting Australian efforts to treat, contain and mitigate the impacts of the COVID-19 outbreak.
Please fill in the details of the below form and we will be certain to contact you directly should any of the detailed capabilities fit with a project or initiative. Manufacturing has a huge part to play in the evolving situation and we thank you for coming forward in the offer of services and support.