The majority of SMMEs in the travel industry don’t qualify for the government’s SMME debt relief scheme, according to a poll conducted by eTNW.
Of the 102 respondents, 56% said their business did not qualify for the assistance scheme.
24% said they had applied for relief funds or loans, as they were doing everything they could to save their business during the ongoing crisis.
17% said they had chosen not to apply, as they felt it was too risky to take on the debt.
3% said they had applied and were confident that they could pay back the loans.
