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“It’s getting to the point where people say ‘it was better during COVID’”...Surge in SMEs and small business owners unable to repay debt
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global BEAR 80/10 Maeil Business · 1h ago

“It’s getting to the point where people say ‘it was better during COVID’”...Surge in SMEs and small business owners unable to repay debt

The amount that KODIT/KODIT (Korea Technology Finance Corporation/Korea Credit Guarantee Fund) repaid on behalf of SMEs and small business owners and failed to recover this year is 850 billion won, 3 times that of 2021 when COVID-19 was rampant.

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