Without government guarantees, credit-impaired businesses will struggle to find finance, says one specialist lender.
Troubled SMEs ‘nowhere to turn’ when pandemic loan scheme ends
Troubled small businesses will have a tough time finding finance when a special pandemic loan scheme finishes on June 30, according to one of the lenders involved.
The end of the SME Recovery Loan (SRL) Scheme would mark a general retreat by risk-averse lenders or a sharp increase in the cost of credit, said the chief executive of Earlypay, Daniel Riley.
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