Press releases

Manchester based business Automet Limited, a specialist car engine recycler, has secured a £600,0000 Coronavirus Business Interruption Loan Scheme (CBILS) facility to support its cashflow during the Covid-19 outbreak. 

Crieff Hydro, a family-run Scottish hotel group, has secured a £5m CBILS overdraft from Santander UK to help the business through the challenges facing the hospitality and leisure sector during the pandemic.  

Santander UK agreed a £175k CBILS support package with the funding supporting La Barca to invest in internal renovations to ensure social distancing can be adhered to. The funding will also help to equip colleagues with personal protective equipment (PPE) and fund marketing to help bring in new income streams.  The restaurant has increased its outdoor seating capacity and introduced “fine dining” takeaway and catering services. 

Torquay Leisure Hotels Limited, the South West’s largest serviced accommodation provider, successfully secured a £1m Coronavirus Business Interruption Loan Scheme (CBILS) facility from Santander UK. The Group has now begun reopening in stages to comply with industry and government guidelines. 

Able Waste, a Croydon-based waste management company, has secured a £300k CBILS loan from Santander UK.  The loan has enabled the business to continue to trade and to retain staff through a challenging period of uncertainty.  

Parogon Pub Group Limited, operator of seven gastropubs based in Staffordshire, has secured £2m of funding from Santander UK as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The funding will enable the business to meet immediate cashflow needs and ready the sites for reopening this weekend. 

Santander UK has worked with Tunbridge Wells based Corinthian Benefits Consulting to provide a £175k CBILS loan. The funding will support cashflow during this uncertain period and enable the business to invest in and develop its online services proposition.  

The coronavirus pandemic has exacerbated the UK’s loneliness problem, with a quarter of UK adults saying that lockdown has made them realise that they have “no real friends”, according to new research by Santander UK.

Forecasts reveal it will take until 2022 for manufacturing to recover to its pre-Covid-19 growth track, while it could cost a potential £35.7 billion in Gross Added Value this year alone, according to a major report published today by Make UK and Santander UK.

Central Produce, a family run fruit and vegetable wholesaler based in Alloa, Scotland, supplies products to the catering trade across Central Scotland. The Coronavirus Business Interruption Loan Scheme (CBILS) loan provided by Santander UK enabled the business to continue trading during the crisis and helped to fund the set-up of a new delivery service. 
 

Practical Publishing International, a privately owned media group with specialist craft magazines published in markets around the world, has secured £500k funding through Santander UK and the Coronavirus Business Interruption Loan Scheme (CBILS).

The 25 Boutique B&B, a five-star luxury boutique B&B in Torquay, Devon, has agreed a five-figure Bounce Back Loan with Santander UK to support the business during the COVID-19 pandemic.

Stadium MK Group, home to MK Dons football team, has secured a seven-figure Coronavirus Business Interruption Loan Scheme (CBILS) facility through Santander UK to meet cashflow issues, retain staff and plan future events as restrictions are lifted.

F2 Medical Supplies, which imports small-sized medical products from China and Vietnam and supplies them to dental practices in the UK, has secured a finance package from Santander UK and the Government’s Coronavirus Business Interruption Loan Scheme (CBILS). 

Mitchells & Butlers, one of the largest operators of UK restaurants, pubs and bars, has secured £100m of funding from Santander UK and HSBC UK as part of the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

From today, Santander will be proactively contacting all customers coming to the end of their repayment holiday to provide a range of options that can be tailored to suit their current situation.

Oxford-based The Cocktail Service Ltd, a fast-growing provider of premium mobile bars for events and festivals, has secured £100,000 in new funding from Santander through the Coronavirus Business Interruption Loan Scheme (CBILS).

The Big Display Company has secured funding from Santander UK and the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) to support the business through uncertainty caused by coronavirus.