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Enterprise Answers in Penrith is offering support to struggling businesses in-cumbria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from in-cumbria.com Daily Mail and Mail on Sunday newspapers.
New coronavirus recovery loans now available in Cumbria
Grahame Latus, chief executive of Enterprise Answers
Penrith-based Enterprise Answers is the only partner in Cumbria for the a new Government-loan scheme to help businesses recover from the impact of COVID-19.
It has been accredited as a partner for the Recovery Loan Scheme and will deliver loans from £25,001 to £100,000.
The not-for-profit lender has delivered its highest ever volume of lending during 2020/21 to businesses during the pandemic through the Coronavirus Business Interruption Loan Scheme.
Administered on behalf of the Government by the British Business Bank and delivered through accredited delivery partners such as Enterprise Answers, Recovery Loan Scheme funding can be used for any legitimate business purpose, including to manage cashflow and facilitate investment and growth.