Hon STUART NASH: The Small Business Cashflow (Loan) Scheme will help support small to medium enterprises struggling because of a loss of revenue as a result of COVID-19. Inland Revenue will administer the payments and repayments of this scheme to support firms that have been adversely impacted. Applications will be open from 12 May 2020 to 12 June 2020. Eligible businesses and organisations are entitled to a loan of $10,000, plus a further $1,800 per equivalent full-time employee up to a maximum of $100,000. The interest rate will be 3 percent, however interest will not be charged if the loan is fully paid back within one year. It's a scheme that reflects a targeted and balanced approach to recovery for viable businesses.