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“The Benefits of Taking Out a PGE During Uncertain Times: A Business Owner’s Perspective”

Jean-Philippe Réolon did not hesitate to take out a PGE when this system was put in place. “We were in complete uncertainty and did not know where we were going and until when this confinement was going to last and especially the health crisis itself. Also, we applied for the PGE in the spring of 2020, ”explains the Autunois business manager. The latter borrowed 600,000 euros, the maximum amount he could claim. The boss of the eponymous company explains that this PGE served him above all to secure his company and precisely his cash flow. This loan also enabled it to suspend current loans and leases. He also recognizes that this EMP is more of a psychological insurance during this difficult and uncertain time.

“The PGE would have been very useful to me now”

At the end of 2020, the head of…

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