PROSPER MAGAZINE: DIGITAL EDITION
NEWS IN BRIEF
£10 MILLION LENDING MILESTONE DURING CORONAVIRUS
West Midlands based BCRS Business Loans, a Chamber Platinum Group member, has announced record lending during the coronavirus pandemic.
BCRS Business Loans has surpassed its previous year’s lending at just over seven months into the financial year after delivering £10 million to small and medium-sized businesses.
The lending milestone means that 109 businesses have received funding since the beginning of April which was predominantly used to support working capital needs during extended periods of disruption caused by the coronavirus pandemic.
More importantly, this means that 1,477 jobs have been safeguarded and 229 jobs have been created in the West Midlands as a result of this funding.