Loans help small businesses the same way it helps the large businesses to buy time / ride the crisis. You have a lengthy pay back period and the interest rate is zero - offers liquidity. Many small businesses have only 30- 60 days opex as cash.
Freezing the debt obligation helps too - but it is harder to implement that since there are many parties involved in that transaction.
Loans don't help small businesses the same way they do large ones because small businesses don't have the margins and market size to be able to pay them back in the future when things pick back up. They would get through this crisis and have the exact same financials they did before, except worse because now they've got a fat load of debt hanging on their balance sheets forever.
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Loans help small businesses the same way it helps the large businesses to buy time / ride the crisis. You have a lengthy pay back period and the interest rate is zero - offers liquidity. Many small businesses have only 30- 60 days opex as cash.
Freezing the debt obligation helps too - but it is harder to implement that since there are many parties involved in that transaction.
Loans don't help small businesses the same way they do large ones because small businesses don't have the margins and market size to be able to pay them back in the future when things pick back up. They would get through this crisis and have the exact same financials they did before, except worse because now they've got a fat load of debt hanging on their balance sheets forever.