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Loan means the company will be required to pay it back at some point. Suddenly increasing a company's liabilities by millions or billions, not to mention the in
by kijin 7y ago
Loan means the company will be required to pay it back at some point. Suddenly increasing a company's liabilities by millions or billions, not to mention the interest burden, might have major significance for the long-term survivability of said company. That's fine if you only care about easing the short-term shock of the lockdown, but it could very well slow down the post-lockdown recovery.
- asdff 7y agoThese loans can be forgiven if stipulations are followed.