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COVID-19 support for business

Has your business been financially impacted by COVID-19? We have support options to help get you through.

COVID-19 - Let us know how we can help

Please get in touch with us if your business has been affected by COVID-19. You can call 0800 272 222 or contact your relationship manager.

Business support options at a glance

Relief options for businesses

Reduce your loan repayments to relieve financial pressure.

  • Apply for interest-only repayments
  • Extend loan terms
  • Temporary overdrafts

Find out more

ASB’s credit and lending criteria, hardship eligibility criteria, terms and conditions apply. Business support offers are not applicable to Retail products or loans.

ASB Business Hub

Need help jumpstarting your business? With content about digitising your business and managing your cashflow, through to managing the impact of COVID-19 on business and how to optimise and create efficiencies, the ASB Business Hub is here to help you.

The hub also includes a range of customer stories, digitisation guides and discounted offers from our partners, such as Xero and MYOB.

Check it out

Relief options for businesses

Switch to interest-only repayments

Instead of paying back the principal and interest on your business loan, you may be able to pay just the interest for up to three months. This will reduce your loan repayments in the short-term, but it is important to note that this may mean your loan will take longer to pay off.

Temporary overdraft

You may be able to get access to a 90-day temporary overdraft to help bridge the gap with emergency funds.

Extend terms of your loan

You could extend the term of your business loan to help reduce repayment amounts.

ASB’s credit and lending criteria, hardship eligibility criteria, terms and conditions apply. Business support offers are not applicable to Retail products or loans.

FAQs

Getting in touch

Calling us

For any queries, please contact your Relationship Manager or call 0800 272 222.