NZ businesses will be better off with the extension of the Government-backed loan scheme designed to help small and medium enterprises access credit for cashflow, capital assets, and in their COVID-19 recovery efforts.

"We recognise that UDC has a role to play in supporting our industry and the important work the Financial Services Federation does," says Wayne Percival, CEO of UDC Finance.

"We may be allowed out of the house, but we're not out of the woods yet when it comes to the financial effects on COVID-19," says Lyn McMorran, Executive Director of the Financial Services Federation (FSF), in this Q&A.