39 days ago

Do you support ‘Covid Loans’ for struggling businesses?

Ripu Bhatia Reporter from Central Leader

Auckland’s city business district has lost $80 million over the latest lockdown.

Heart of the City chief executive Viv Beck is calling on the government to consider ‘Covid Loans’.

“We’re keen to see innovative ideas to support businesses and not load the country up with more debt than necessary,” she said.

“Many people have told us they have not had good access to capital and ‘Covid Loans’ could be a solution that could be implemented using existing arrangements.”

’Covid Loans’ would allow businesses to access funding with much more manageable repayment options, similar to student loans,

Do you support ‘Covid Loans’ for businesses impacted by the lockdown?

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