Working at CapitalBox for the past couple of years, helping SMEs access working capital and doing business with partners in the Nordic countries, I have heard many different perspectives on what the effects of the COVID-19 pandemic were during this past spring. Noticing that we have access to a lot of insightful data on the lending environment for small and medium sized businesses, I thought it would be helpful to share what our findings are on the effects COVID-19 had in the Nordics from the beginning of the crisis to June 2020.