KINGSTON, Jamaica —  Small business owners struggling to meet their financial obligations are being urged to take advantage of the options available under the Government’s insolvency regime, which is designed to provide support and relief.

Speaking during a hybrid micro, small and Medium-sized Enterprise (MSME) webinar on Monday at the Small Business Association of Jamaica (SBAJ) in Kingston, Supervisor of Insolvency Fayola Evans Roberts explained that insolvency is a legal framework designed to assist individuals and businesses in managing financial distress.

She emphasised that the use of this option should not be regarded as a sign of failure, noting that such measures are intended to preserve business value, protect jobs, and promote overall economic stability.