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Covid-loan defaults up 40% among mid-size firms

New analysis shows that the number of medium-sized construction firms defaulting on their Covid loans has shot up. A total of 1,084 companies in the sector defaulted at least once on their Coronavirus Business Interruption Loan Scheme (CBILS) repayments, up to the end of June…

The post Covid-loan defaults up 40% among mid-size firms appeared first on Construction News.

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New analysis shows that the number of medium-sized construction firms defaulting on their Covid loans has shot up. A total of 1,084 companies in the sector defaulted at least once on their Coronavirus Business Interruption Loan Scheme (CBILS) repayments, up to the end of June…

The post Covid-loan defaults up 40% among mid-size firms appeared first on Construction News.

Read More

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