Investors planning to tap the Term Asset-Backed Securities Loan Facility (TALF) will have two extra days to apply for funds, the Federal Reserve Bank of New York said Friday.

Terms of the program, which makes loans to investors to provide liquidity for consumer lending, initially gave investors just one day, Tuesday, to apply for the government funds. The investors can now apply through Thursday at 5 p.m.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.