Loan Guarantee Scheme in partnership with other Crown Dependencies
Barclays has announced its support for the Isle of Man Disruption Loan Guarantee Scheme.
The initiative, launched by the Isle of Man Government, is in partnership with the States of Guernsey and Jersey Government.
It’s designed to help provide viable Manx businesses with a turnover of no more than £10 million per annuum with urgent cash flow support, following issues associated with Covid-19.
Facilities offered will include loans and overdrafts of between £5,000 and £500,000 – depending on the funding requirements of the organisations.
Barclays customers are advised to check the eligibility criteria on the Isle of Man Government website, and then contact their relationship manager.
You can find out more information on the Isle of Man Government website.
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