Changes on the way for loan-guarantee scheme, says Basa
New figures show that lending totalling less than R11bn was approved in the president’s ambitious R200bn programme
07 July 2020 - 19:54
The MD of the Banking Association SA (Basa) says final adjustments are being made to changes for the loan-guarantee scheme that should enable many more businesses to access funding by the government.
This follows the publication of figures on Tuesday relating to the take-up of the loan guarantee scheme that shows disappointing progress in the extension of loans to small and medium-sized businesses...
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