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Japan will offer interest-free loans to small and medium-sized companies

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interest-free loans are made available to all companies facing a sharp drop in income from the effects of combat coronaviruses.

Japan will offer interest-free loans to small and medium-sized companies

the Government of Japan will offer financial assistance to small businesses under the second round of extraordinary measures against the coronavirus, said Prime Minister Shinzo Abe.

Japan Finance Corp., wholly owned by the government, and other organizations to provide interest-free loans to small and medium-sized companies experiencing a sharp drop in revenues, he said on Saturday.

the Government plans to complete a second round of extraordinary measures until March 10. Also included were measures to prevent the spread of the virus to the solution of problems related to school closures to quarantine and the decline in business activity, he said.

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