The Confederation of Small and Medium-Sized Enterprises (SMEs) regretted on Monday the "
reluctance
" of certain banks to grant companies a postponement of an additional year for the start of repayment of loans guaranteed by the State (PGE), taken out to make in the face of the crisis.
“
In practice, the decision to grant or not this period, thus bringing the grace period to 2 years, belongs to the banks.
It now appears that some are showing reluctance,
"said CPME in a press release, calling on banks"
not to abandon companies in the middle of the ford
".
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By creating the EMP at the start of the crisis, the state had introduced a one-year deadline before banks could demand repayment of loans.
This deadline will therefore expire at the end of March for some companies, while many of them "are
still struggling
", underlines the CPME.
The hotel and catering industry is thus the second sector in terms of the number of PGEs subscribed, behind car repair companies, according to the report on January 1 published by the Ministry of the Economy.
In total, more than 638,000 PGEs have been granted by banks, amounting to around 130 billion euros.
“To
imagine that [companies] generate higher profitability in the very short term is illusory.
On the contrary, for a large number of them, the difficulties accumulate and cash and equity are at their lowest,
”insists the CPME.
It therefore asks for an additional period of one year "
of law, at least for companies continuing to be the subject of an administrative closure or those whose activity depends on these sectors
".
Read also: Bankruptcies at their lowest in 2020 ... thanks to Covid-19
CPME also reiterates its proposal to create a “
consolidation loan
” which would bring together all the debts and receivables of companies.
It could be guaranteed by the State and repayable over ten years, to give companies time to recover from the crisis.