COVID-19: Loan guarantee scheme: Open

… navigating through the COVID-19 LOCKDOWN scandal …

LOAN GUARANTEE SCHEME OPEN

Dear employer

The Covid-19 Loan Guarantee Scheme announced by the President is officially open for applications as of 12 May 2020.

This scheme is available to all businesses who are in distress as a result of Covid-19 and with an annual turnover of less than R300 million, and can be accessed through the participating commercial banks of the employers.

Employers, who are interested in utilising this facility should contact their bank or visit https://www.banking.org.za for more information.

NEASA 24/7 NATIONAL HOTLINE: 086 016 3272
legalhotline@neasa.co.za

Regards

We are all in this together.
Privileged and challenged to be South African.