The extended scheme allows eligible small and medium enterprises to access lower-interest working capital facilities through participating financial institutions.
Applications remain subject to credit assessment. Firms must demonstrate operational use of funds rather than passive investment.
Trade associations welcomed the extension, noting that many retailers still face uneven demand after seasonal fluctuations.
Participating banks said processing times for approved applications have averaged two to three weeks, depending on the completeness of financial statements submitted. Firms in food services, logistics, and professional services have accounted for the largest share of approvals to date.
The scheme forms part of broader government efforts to support small businesses navigating higher operating costs and cautious consumer spending. Officials emphasised that the facility is intended for working capital needs such as inventory, payroll, and rental obligations rather than speculative investments.
Business owners interested in applying should consult their relationship managers for eligibility criteria, which include local incorporation, a minimum operating history, and evidence of ongoing commercial activity.