Government: principal and interest repayments on loans extended for small firms

According to the Government Work Report, the policy allowing micro, small, and medium businesses to postpone principal and interest repayments on loans will be further extended to the end of March 2021—payments on all-inclusive loans of micro and small businesses eligible for this policy should also be deferred.

According to the Government Work Report, the policy allowing micro, small, and medium businesses to postpone principal and interest repayments on loans will be further extended to the end of March 2021—payments on all-inclusive loans of micro and small businesses eligible for this policy should also be deferred.

Other businesses facing financial difficulties can discuss similar terms with their creditors.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/10/government-principal-and-interest-repayments-on-loans-extended-for-small-firms/.

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