Many struggled with the after-effects of the COVID-19 pandemic. Amid the pandemic, the government announced an automatic 6-month moratorium or known as deferment on all loans or financing repayments from 1 April to 30 September 2020; providing financial relief to individuals and businesses who face financial adversities to cope during this challenging period.

A way to ensure you have enough cash to support or grow your business is to take out a loan. You can either apply for a personal loan or a business loan.