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$2 billion plan to help small, medium businesses borrow

Treasurer Josh Frydenberg at a stop in Melbourne

Small and medium-sized businesses may soon be able to borrow money on cheaper terms under a $2 billion federal-government fund. Small-business owners with smaller financial assets, such as young people and newly arrived migrants, could benefit from the fund. It comes as the Coalition Government also considers setting up a separate fund to help small businesses grow.


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By Lucy Chen, Evan Young

Source: SBS



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Small and medium-sized businesses may soon be able to borrow money on cheaper terms under a $2 billion federal-government fund. Small-business owners with smaller financial assets, such as young people and newly arrived migrants, could benefit from the fund. It comes as the Coalition Government also considers setting up a separate fund to help small businesses grow.



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