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The Treasury Budget 2020 Information Release June 2020 This document has been proactively released by the Office of the Minister of Finance on the Treasury website at https://treasury.govt.nz/publications/informationrelease/budget2020informationreleaseInformation

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How to fill out business finance guarantee scheme

01

Contact a participating lender to discuss eligibility requirements.

02

Complete the application form provided by the lender.

03

Provide all required documentation, including financial statements and business plans.

04

Await approval from the lender and the guarantee being issued by the government.

05

Make repayments on the loan as per the agreed terms and conditions.

Who needs business finance guarantee scheme?

01

Small and medium-sized businesses that are struggling to access traditional forms of finance.

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What is business finance guarantee scheme?

The Business Finance Guarantee Scheme is a government initiative aimed at providing financial support to businesses by guaranteeing their borrowings from financial institutions.

Who is required to file business finance guarantee scheme?

Businesses that are seeking financial assistance through the scheme are required to file the necessary documentation.

How to fill out business finance guarantee scheme?

To fill out the Business Finance Guarantee Scheme, businesses need to provide information about their financial situation, borrowing needs, and how the funds will be used.

What is the purpose of business finance guarantee scheme?

The purpose of the Business Finance Guarantee Scheme is to help businesses access financing that they may not otherwise qualify for, especially during challenging economic times.

What information must be reported on business finance guarantee scheme?

Businesses must report details about their financial standing, borrowing requirements, and repayment plan when applying for the guarantee scheme.

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