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COVID-19 Guaranteed loan scheme for small and medium enterprises


COVID-19 GUARANTEED LOAN SCHEME FOR SMALL AND MEDIUM ENTERPRISES
As announced by the President, National Treasury, the South African Reserve Bank and
commercial banks have jointly created a guaranteed loan scheme. The purpose of this scheme is to help small and medium-sized businesses and the economy.

In terms of this scheme, R200 billion will be ultimately made available for new loans to existing
customers. The initial phase will be R100 billion.

Download the document here: COVID-19 Loan scheme for SME's