News article

Banks Pledge Billions to Help SMEs Impacted by Coronavirus

13/03/2020

Private lenders are making funds available to small businesses impacted by COVID-19, including £2 billion from Lloyds Banking Group and £5 billion from NatWest.

Lloyds Banking Group has announced that it has allocated up to £2 billion to ensure the UK’s small and medium-sized enterprises (SMEs) have access to additional finance to overcome any impact to cash flow in relation to coronavirus.

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