Very well known Exeweb poster
- Nov 16, 2005
Lots of employers wont have enough money to 'sub' the Government until the end of April. These guys are being told to go to the banks who are asking business owners for personal guarantees against loans which are already being largely guaranteed by Government...Surely, this time the banks must be sliced up and fed to the sharks...This is my understanding too. Payments to furloughed employees still have to go through company payroll then the employer is reimbursed.