Loans are becoming more and more difficult to pay off

Loans are becoming more and more difficult to pay off

Loans taken by small and medium-sized enterprises are becoming more and more difficult to repay.

Small and medium-sized enterprises find it increasingly difficult to meet their obligations. Additionally, nearly 60% of them have further obligations resulting from concluded lease and loan agreements. Most of these contracts (around 38%) were entered into during the coronavirus pandemic. The funds obtained in this way were used primarily for the purchase of personal protective equipment and the purchase of equipment enabling the transition to remote work.

Source: https://www.pb.pl/firmy-z-trudem-wywiazuja-sie-z-zobowiazan-1119392

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