Purpose: A synthetic assessment of SMEs functioning during the COVID-19 pandemic in Poland and an attempt to identify additional rescue and convalescent solutions that would help maintain SME's potential in the COVID-19 pandemic conditions. Design/Approach/Methodology: Query of the literature and analysis of legal documents. Findings: The article contains original conclusions and postulates useful, according to the authors, in taking rescue actions and helping to preserve and renew the potential of SMEs. Practical Implications: Due to the article's assumptions and framework, it was limited to formulating indications without operationalizing the methods of their implementation into practice. Nevertheless, the practical importance of the paper does not seem to raise any doubts, especially for the needs of SMEs operating in the conditions of the COVID-19 pandemic. Originality/Value: Development of postulates having the nature of solutions that should help preserve and improve the efficiency, quality, and effectiveness of SMEs functioning, not present in the studies encountered so far.