Covid 19 coronavirus: Government to provide $100,000 interest-free loans to businesses (New Zealand Herald)

New Zealand Herald: Covid 19 coronavirus: Government to provide $100,000 interest-free loans to businesses. “The Government will provide interest-free loans of up to $100,000 to small businesses grappling with the impacts of Covid-19, after banks failed to meet the Government’s expectations. The loans are available for a year and will be offered to businesses with 50 or fewer full-time equivalent staff. But the loans are only available to businesses which have had their revenue hit by more than 30 per cent due to Covid-19.”