The trail book lender has joined the lender panel for the second phase of the Coronavirus SME Guarantee Scheme and will soon release a new product for brokers, planners, accountants and property managers.

Specialist lender TrailBlazer Finance (TrailBlazer), a boutique lender offering business loans, valuations and M&A advice and services to brokers and financial planners, has announced that it has been accepted onto the lender panel for the federal government’s Coronavirus SME Guarantee Scheme – Phase 2.

It joins 36 other lenders that have now been confirmed on the panel.

Speaking of its inclusion, the managing director of TrailBlazer Finance, Jeff Zulman, commented: “As a specialist SME lender, we are all too aware of how much of a toll 2020 has taken on many small businesses. 

“We are proud to have been selected as a participating lender in phase 2 of the Government SME Guarantee Scheme.”

Mr Zulman revealed that, as a result of the participation, it will soon announce a new “low-rate, fast-turnaround small-business loan for mortgage brokers and other white-collar professionals to further broaden our offering to the SMEs we serve”. Further details of this product are expected in the coming weeks.

SME Guarantee Scheme – Phase 2

On 1 October 2020, the new phase of the government’s Coronavirus Small and Medium Enterprises (SME) Guarantee Scheme launched.

The second phase of the scheme sees the government guarantee 50 per cent of eligible loans written by participating lenders until 30 June 2021.

Published on The Adviser website on 14 January 2021.