Three-quarters of small business owners took on debt to offset COVID-19 losses
Story Date: 10/2/2020

 

Source: NC BUSINESS NEWS SERVICE, 10/1/20

A vast majority of small business owners have taken on debt as they grapple with financial losses associated with the COVID-19 pandemic, according to a recent LendingTree survey. The LendingTree survey, the largest online market lending place in the U.S., polled 1,400 small business owners and found that 74% had taken on debt to deal with losses incurred during the pandemic.

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