Published On: Fri, Apr 17th, 2020

How to get payroll assistance and soft loans

Government Administration Building with Flags- 20200220 JH

PHILIPSBURG – Companies that need help due to the effect of the corona-virus crisis can get several forms of assistance if the Netherlands honors the requests set forth in the ministry of finance’s Stimulus Plan. But that help comes with some red tape on different levels.

The stimulus initiative proposes a 33 million guilders fund for soft loans. These loans are designated for companies with fewer than 550 employees and “a viable business plan.” What this exactly means remains unspecified and is therefore open for interpretation. In any event, here is what we understand about how to get payroll assistance and soft loans from this 33 million guilders fund.



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