September 7, 2026 5:56 PM
ECLGS 5.0: How government-backed credit is helping businesses withstand economic shocks
As geopolitical tensions, disrupted supply chains and rising logistics costs create fresh pressures for businesses, the government's Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 is emerging as a key mechanism to keep credit flowing to enterprises and support business continuity. Approved on May 5, 2026, ECLGS 5.0 enables lending institutions to provide additional working capital to eligible businesses backed by government guarantees. Implemented by the National Credit Guarantee Trustee Co...