Small and medium enterprise (SME) guarantee scheme

The Australian Government's small and medium enterprise (SME) guarantee scheme has been expanded to 30 June 2022.



Phase 3 of the scheme guaranteed 80% of the value of eligible business loans approved by 31 December 2021 to SMEs impacted by COVID-19. Under the 2022 scheme, loans are available from 1 January to 30 June 2022, with a government guarantee of 50%.


For more information, including eligibility criteria, visit SME Recovery Loan Scheme