The Māori Trustee (Te Tumu Paeroa) has established a Top-Up Māori Small Business Cashflow Loan Scheme, making an additional $10m available for Māori SMEs to meet core operating costs.


The Top-Up Loan Scheme will provide further assistance for Māori SMEs impacted by the Covid-19 economic shock to support their immediate cashflow needs and meet fixed costs.

Māori SMEs that have received a loan through the IRD administered Small Business Cashflow Loan Scheme will be able to apply for 50% of the loan amount from the Māori Trustee on substantially similar terms, including an interest-free first year if the loan is repaid within 12 months.

The Top-Up Loan Scheme is now open to online applications at and remain open until 14 August 2020 or until $10m is committed to eligible applicants. Information and terms of the Top-Up Loan Scheme can be viewed on the website.

The Top-Up Scheme recognises that Māori owned businesses generally have a lot more owners, and so Māori SME failure is likely to have a disproportionately negative impact on whānau that rely on these businesses, said Te Tumu Paeroa’s Chief Executive Dr Charlotte Severne.  

Māori SMEs are a fundamental expression of Māori entrepreneurship and identity. They are a source of pride and sustain our people and our communities. Cashflow is the life-blood of SMEs and the Top-Up package recognises that some Māori SMEs will need additional financial support as they seek to rebuild, she said.

Top-Up Loans will be advanced from the Māori Trustee’s General Purposes Fund, a fund administered by the Māori Trustee for the benefit of Māori under the Māori Trustee Act 1953.


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