With the bridging loans, the German government helped companies quickly and more or less unbureaucratically under the motto "whatever the cost" during the COVID-19 crisis.

The subsequent Ukraine crisis and the additional effects of the resulting problems (supply chain crisis, inflation, etc.) are now putting many companies in a situation where they are no longer able to service these loans. What was once a well-intentioned bridging instrument is now becoming a boomerang for many well-positioned and originally economically healthy companies.
It is incomprehensible that the German government, like many other countries in the EU (including Germany and Italy), has not made use of the option to extend the repayment period. Companies that are unable to service the current half-yearly due date or the one at the end of the year are therefore threatened with insolvency.

This leads to a "no-win" situation when insolvencies follow and the state's liabilities become payable.

Before these consequences occur, companies should seek professional support in good time to overcome the challenges and make use of all options to cope with the situation. We are always on hand with our expertise.

Why many entrepreneurs are afraid of their house bank (DiePresse.com)