A client operating in the tourism sector was hit severely by the Covid-19 pandemic. Despite receiving Covid-19 wage subsidy supports, the company needed additional finance to cover its business costs. We assisted our client in obtaining a suitable loan and assisted with the loan application.
Our client successfully obtained a bank term loan under the SBCI Brexit / Covid-19 Loan Scheme at a reduced loan interest rate. Our client continues to trade, has met their loan repayments and is enjoying an increase in business since the Covid pandemic restrictions have been lifted.