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Coronavirus

Two thirds of SME leaders expect to never repay Covid support

Of SMEs who received a loan, it said nearly two thirds (64%) have started making repayments, 44% through their own revenue, and 21% through a loan from another source

Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes believe it’s likely their business will default on the loan, according to new research from Nucleus Commercial Finance.

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