Businesses without paying loans acquired in pandemic – Diario de Querétaro

by time news

2023-10-22 20:19:22

10% of the members of the National Chamber of Commerce in Pequeno (Canacope) still have to pay debts acquired during the Covid-19 health contingency, according to the president in Querétaro, Sergio Martínez de León.

According to the leader of the merchant organization, although there is no exact data on the number of members who still continue to pay loans, it has been identified that a significant proportion found themselves in a complicated situation, which is why they acquired this type. of financial products or negotiated salaries with workers.

“Since 2020, many businesses that were able to opt for a financial instrument acquired commitments of 3 to 5 years, so precisely for that reason and not only in a financial instrument, I am talking about credit, but I also pay suppliers, credits with the same suppliers, even the same rents that we were able to negotiate or the same workers that at some point we were able to negotiate paying them at 50% or 70% depending on capacity and schedules.”

Martínez de León explained that many businesses still have approximately one year left to settle these debts, in addition to the fact that the amounts of the loans ranged from 50 thousand to two million pesos and the use given to them was varied and It included payroll payment and inventory maintenance.

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“Many businesses are a year away from being able to pay those loans that helped us survive and were from 50,000 to 2 million pesos (…) they used it to pay rent, pay payroll and to be able to have inventory, a stock.”

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