The Minister for Business, Heather Humphreys, has announced further measures to help businesses cope with liquidity challenges posed by the Covid-19 restrictions.
Among the developments is a €450m expansion of two loan schemes operated by the Strategic Banking Corporation of Ireland (SBCI).
The Working Capital Loan Scheme, which provides liquidity support to businesses, will receive a further €250m, bringing the total fund to €450m.
The Future Growth Loan Scheme, also operated by the SBCI, will receive an additional €200m that will be released in tranches to provide longer-term loans to firms that have been impacted by Covid-19.