Small Business Cashflow (SBC) Loan Scheme

The Small Business Cashflow (SBC) Loan Scheme will reach its 5-year anniversary shortly and will expire for customers who have a 5-year loan.

Any unpaid loan balance (plus interest) at the end of the loan’s term will automatically default. We will treat this as overdue debt. We may also charge default interest on overdue loans.

We have started to contact these customers.

• Customers who have fallen behind in their payments, to discuss their loan balance and making payments.
• Customers who have defaulted under the terms and conditions of the loan contract, to negotiate payment of the debt.

From mid-April, we will start to send reminder letters directly to some customers in their myIR accounts to notify them that their loans are expiring.

These reminder letters will not follow the mail redirect, but you can still view them in myIR.

You can find out more information on our website.

Small Business Cashflow Loan term expires in 2025

Final repayment date nears for SBC loans