Small Business Cash Flow Loan Scheme


To support cash flow needs, government will make available one-off loans to small businesses, including sole traders and the self-employed,impacted by COVID-19. 

The small business cash flow loan scheme will provide support of up to $100,000 to businesses employing 50 or less full-time employees. 

Details of the loans include: 

  • $10,000 to be provided to eligible businesses 

  • An additional $1800 per equivalent full-time employee 

  • Interest free if the loan is paid back within a year 

  • An interest rate of 3% for a maximum term of five years 

  • Repayments not required for the first two years. 

For more information and to check eligibility visit the COVID-19: Cash Flow Loans and Supportpage. Applications via myIR and applications have been extended until 31 December 2023. There is also a calculator to help work out how much may be borrowed. Maximum SCBS Loan Size - Inland Revenue