Accessing the $250,000 Coronavirus SME Loan Scheme – Register Now!

Cashflow Recovery has access via its lender panel to Lenders selected by the Commonwealth Government to participate in the Coronavirus SME Guarantee Scheme.  The Commonwealth Government has released The Coronavirus Small and Medium Enterprises (SME) Guarantee Scheme will support up to $40 billion of lending to SMEs (including sole traders and not-for-profits) Under this scheme, Cash …

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Covid 19 Government Relief Packages Quick Guide

Your quick go-to Guide for employer and employer relief packages by the Federal Government JOBKEEPER: Details of the JobKeeper package can be found https://treasury.gov.au/coronavirus/jobkeeper JOBKEEPER: Information for Employers: https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employers_0.pdf JOBKEEPER: Information for Employees: https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employees_0.pdf SUPPORTING BUSINESSES TO RETAIN JOBS:  https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_supporting_businesses_1.pdf HELP FOR BUSINESSES: Full details for the Government’s support package for business (including Sole Traders) can be found below including changes to the instant …

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Chattel Mortgage

Chattel Mortgage  Similar to that of a Home Mortgage, a Chattel Mortgage allows you to buy a asset, which the finance company finances on your behalf. The financier has a mortgage over the asset until you have paid it off. At the end of the term, the asset is yours and there is nothing more …

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Discounted Finance for Green friendly vehicles

Specialist Lenders are releasing lower interest financing products into the market place to assist businesses acquire vehicles that are low emissions or emission free. Specialist Financer Metro Finance in conjunction with CEFC have launched a Green Vehicle Finance Imitative that provided businesses with a 0.70%pa discount on their standard rates. The program supports commercial investments …

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Instant asset write-off threshold raised to $30,000 for EACH asset

There have been changes to the instant asset write-off. The instant asset write-off threshold has increased to $30,000 for EACH asset from 7.30pm (AEDT) 2 April 2019 and the instant asset write-off has been extended to 30 June 2020. If you are a small business (with a turnover of less than $10 million), you can immediately deduct …

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