Payment Holidays Explained for Small Business

Many financial institutions have come forwards stating that small business would be able to have a payment holiday during this pandemic we find ourselves in. Now many other organisations or business have also come forward to provide relief for its customers whose incomes have been affected by the Covid-19 pandemic - with those amounts to be paid off over time with a “preferential” interest rate and no added fees. But is it something to consider or should

Let’s chat to Hanno Bekker who is the founding director of The Financial and Legal Research Group