Press Release – ASB Bank ASB has cut its Business Finance Guarantee Scheme (BFGS) interest rates to help ensure more businesses benefit following the schemes latest extension, announced by the Government today. The revised Government scheme includes more flexibility …
ASB has cut its Business Finance Guarantee Scheme (BFGS) interest rates to help ensure more businesses benefit following the scheme’s latest extension, announced by the Government today. The revised Government scheme includes more flexibility and extends the deadline for BFGS applications from 31 December, 2020 until 30 June, 2021. While all BFGS lending is priced individually and at a substantial discount on normal rates, ASB today announced a discount on current BFGS term loan rates of 0.30%.