Chris Small: ABC Business Sales managing director on businesses reaching the cut-off point to pay back Covid loans - Heather du Plessis-Allan Drive

Time is running out for businesses who took out a Covid Small Business Cashflow Scheme.

It's five years today since Inland Revenue introduced the loans.

They were issued to more than 129,000 businesses and totalled $2.4 billion.

The IRD says they're now reaching their cut-off point, and default loans not paid in full will be enforced.

ABC Business Sales managing director unveils how many businesses are still owing - and by how much.

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