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Banks say modified finance guarantee scheme will help business lending

Grant Robertson says changes made after feedback from banks and customers.

Brent Edwards Thu, 20 Aug 2020

After a disappointing response to the business finance guarantee scheme the government has changed it to make it easier for banks to lend to businesses.

Launched in April the $6.25 billion scheme was meant to ensure credit was made available to viable businesses hurt by the economic impact of

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Brent Edwards Thu, 20 Aug 2020
Contact the Writer: brent@nbr.co.nz
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Banks say modified finance guarantee scheme will help business lending
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