Eligibility criteria—eligible business
9 Eligibility criteria—eligible business
An applicant is eligible for assistance under the scheme if the authority is satisfied—
the applicant is the owner of an eligible business; and
the applicant has continuously operated the eligible business since at least 1 July 2017; and
the eligible business has suffered a loss of income as a result of COVID–19; and
the eligible business is viable under normal business conditions; and
the applicant is able to service the loan under normal business conditions; and
the applicant intends to continue operating the eligible business after receiving the loan; and
the applicant intends to use any surplus liquid reserves or normal credit sources up to normal credit limits, in conjunction with the loan, to maintain business operations.
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