SME Business Loans

At Heritage, we've been supporting business customers for over 20 years with our award-winning products and People first commitment. That's why we're taking part in Phase 2 of the Australian Government’s SME Loan Guarantee Scheme.

Under this Scheme, we'll assist Small and Medium Businesses (SMEs) to obtain better access to credit to help them adapt to the new, COVID-safe economy and invest for the future.

We’ve designed a number of new, affordable and flexible lending products to support your small to medium business with:

• Cash flow support, or extra working capital to help your business grow;
• Capital to replace, upgrade or purchase additional plant & equipment; and
• Capital to expand your existing business, acquire a commercial property or acquire a new business.

To be eligible for any SME Support Loan under the SME Guarantee Scheme you must:

• Have an Australian Business Number (ABN);
• Have an annual business turnover of up to $50 million;
• Be making a new loan application (not an extension of an existing loan); and
• Be applying for the loan for business purposes. SME Support Loans cannot be used to purchase residential property or a financial product; or for the provision of loans to an 'associated entity'.

To apply for or enquire about our SME Support Loans: 

• Call us on 1300 301 809;
• Enquire online; or
• Contact your existing Business Banking Manager directly.

For more details on the Scheme visit the Department of Treasury website.