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Fuel crisis: SME lenders roll out tailored support as costs surge

Prospa and Judo Bank are among the SME lenders that are offering adjustments and other support to businesses amid the ongoing fuel crisis.
fuel plan government fwc
The empty fuel pumps at Jet Service Station and Auto Shop in Essendon, Melbourne, Victoria, Tuesday, March 10, 2026. Image: AAP Image/Jay Kogler

Specialist small business lenders are pledging to work with borrowers slammed by rising fuel costs, as the federal government encourages efforts to prevent widespread business failures.

Backdropped by the Iran war and persistent service station shortages, Treasurer Jim Chalmers last week announced commitments from Australian lenders to support businesses facing major cashflow challenges.

Borrowers can access temporary payment deferrals, restructured loans, and emergency credit limit increases, Chalmers said, with support varying with each business’ individual circumstances.

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