Lenders are said to have discouraged small businesses from using a scheme that gives borrowers access to loans that are partly backed by the government.
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11,000 business loans remain deferred: Kate Carnell calls for further support
By Imogen Bailey | 3 March 2021
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has called on the Victorian Government to go further in compensating small businesses, following the five-day lockdown over Valentine s Day weekend.
Carnell said that the support package recently announced by the Andrews Government does not go far enough in compensating small businesses who were impacted by the lockdown, which saw many businesses miss out on a high-trade weekend. A snap five-day lockdown forced small businesses across the state to close their doors ahead of what was anticipated by many to be the busiest weekend of trade in months.
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