There are 3 main ways this crisis can go for a bussiness:
1) Keep operating throughout the crisis while remaing solvent.
2) Cut losses by suspending or reducing bussiness during the crisis. Service debt and other non suspendable bills through credit or savings. Reopen after the crisis and return to bussiness as usual.
3) Attempt to do 1 or 2, but become insolvent. Don't reopen after the crisis passes, because your bussiness failed and is now closed for good.
Providing credit can move companies from 3 to 2, which will greatly improve our ability to recover.
1) Keep operating throughout the crisis while remaing solvent.
2) Cut losses by suspending or reducing bussiness during the crisis. Service debt and other non suspendable bills through credit or savings. Reopen after the crisis and return to bussiness as usual.
3) Attempt to do 1 or 2, but become insolvent. Don't reopen after the crisis passes, because your bussiness failed and is now closed for good.
Providing credit can move companies from 3 to 2, which will greatly improve our ability to recover.
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