2021 to redefine SMEs finance

Entrepreneurs have had an extremely difficult year behind them. For the first three quarters of 2020, the number of insolvent business entities increased by 12 percent y/y up to and including October, a record number of insolvencies across the decade were recorded – 993 cases. For years, such a weak condition of Polish enterprises has not been recorded, and economists argue that the summit may still be ahead of us.

Research among small and medium-sized enterprises showed that 40 percent of the…