Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business banking customers.*
The package will allow businesses time to recover from the immediate impact of the flooding, or to bridge the gap until insurance claims are settled. It will include repayment holidays on existing and new loans, and extending overdraft facilities.
Steve Cooper, Managing Director, Barclays Local Business Banking: “Events such as these can have a devastating effect on business continuity and at Barclays we are committed to helping our customers through these difficult times.”
“Our customers should contact their relationship manager as soon as they can to discuss how we might support them with concrete measures that meet their needs and help ease the pain a little.”
Note:
*All business loans and overdraft facilities are subject to meeting existing credit criteria.
Also see:
UK Environment Agency Web Site:
http://www.environment-agency.gov.uk/news/113477.aspx?month=11&year=2009
News Source: http://www.newsroom.barclays.com/Content/Detail.aspx?ReleaseID=1664&NewsAreaID=2
[...] customers with our targeted package of support. “We’ve helped our customers like this before, particularly in the flooding in recent years, so we know that our customers sometimes need us to take that extra step to help when the weather [...]