False
The data below relates to the SME Loan Guarantee Schemes. It is based on information provided by participating lenders. As at 30 June 2025:
- Nearly 109,000 loans worth around $16.5 billion were provided to SMEs.
- The amount of credit outstanding is $4.5 billion.
- 22 lenders have made 1,713 claims.
- $83.2 million has been paid to lenders under the guarantee.