Supporting small businesses with a new government program
MELBOURNE, AUSTRALIA / ACCESSWIRE / July 5, 2021 / With a proud history of supporting Australians in complex circumstances, Liberty is no stranger to specialty business lending. Having recently joined the Australian government’s new SME Stimulus Loan program, the leading non-bank lender is now even better positioned to help clients with free-spirited business loans.
An extension of the original guarantee scheme for SMEs, the new scheme is designed to provide additional financial support through small business loans to those affected by COVID-19 or the March 2021 floods. As a champion of Australian business, Liberty was the first non-bank lender to join the flagship program, so participation in the new program to deliver access to business loans was a natural choice.
Adding to Liberty’s already solid sequel business loan solutions, the new regime allowed Liberty to revise its Business Care Program, which now offers even greater support to eligible business customers.
As part of the revised offer, companies can now request business loans with variable rates starting at 3.45% pa, with increased loan limits of up to $ 5 million and loan terms of up to 10 years.
There is also the option for customers to defer repayments for 6 or 12 months with accrued interest capitalized. In addition, existing loans from the SME Guarantee Scheme and other eligible debts can now also be refinanced under the scheme.
Liberty continues to support eligible clients through the Original SME Guarantee Program and also offers a competitive range of business loans, including secured and unsecured options. Liberty also offers line of credit and business loans for those looking to purchase business premises or invest in business property.
Whether a business needs financial support or wants to take the business to the next level, Liberty is here to help. With tailor-made Commercial loan With flexible options and assessments, Liberty can help businesses do their best and put their business on the path to success.
Approved applicants only. Loan criteria apply. Taxes and fees are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit License 388133, operating together as Liberty Financial.
Phone. : +61 3 8635 8888
E: [email protected]
SOURCE: Freedom Financial
See the source version on accesswire.com: