Please note

The SME Recovery Loan Scheme closed for new loans on 30 June 2022.


The Commonwealth Government’s SME Recovery Loan Scheme provides eligible small and medium enterprises (SMEs) access to loans of up to $5 million over a term of up to 10 years.

The Scheme is designed to provide continued assistance to small and medium enterprises that are dealing with the economic impacts of COVID-19.

As announced by the Commonwealth Government on 25 August 2021, SMEs are no longer required to have received JobKeeper during the March quarter of 2021, or to have been a flood affected business, to be eligible for the SME Recovery Loan Scheme.

Further information about the SME Recovery Loan Scheme can be found on the Treasury website.