Town Pub Receives Funding to Support Business Continuity

Lisa Alcock
Marketing Manager | S W I G Finance Ltd
20th May 2020
Member roleChamber member

Sally Pussey’s Inn at Royal Wootton Bassett has received a £60,000 SWIG Finance loan to support its business continuity during the Coronavirus pandemic.

The pub, which employs 32 local people, has a popular restaurant and function rooms for special events. Like the rest of the hospitality sector, it had to close its doors in March in accordance with government advice.

The loan, supported by Triodos Bank and the Coronavirus Business Interruption Loan Scheme (CBILS), will help to future-proof the business by helping to cover core costs while the business closed, and allow for some premises upgrading ahead of the current lockdown measures being lifted.

SWIG Finance Business Manager, Rachel Thomson, said “The business had been experiencing solid trading prior to COVID-19, and so we were delighted to be able to support them by providing funding to cover costs during the pandemic”.

Business Owner, Robert Goves, said “We are grateful for the support from SWIG Finance. The communication from our Business Manager, Rachel, was superb and she expertly guided us through the process enabling us to secure the loan very swiftly”.

Matt Boggan, senior relationship manager at Triodos Bank UK, who provided a loan to SWIG to support funding such as this, added: “We’re proud to be supporting SWIG, alongside another likeminded organisations. Its aim to make finance more accessible and inclusive aligns closely with our own values.”

About SWIG Finance

SWIG Finance is an accredited delivery partner for the British Business Bank’s Coronavirus Business Interruption Loan Scheme (CBILS).

We provide loans from £50,001 to £100,000 to South West SMEs who cannot access sufficient support from their bank.  

If you are a viable business but your cash flow has been disrupted, or if you have lost revenue, get in touch with our friendly and professional team to find out how we can help: info@swigfinance.co.uk / 01872 227 932.

Alternatively, for more information, visit https://www.swigfinance.co.uk/coronavirus-business-interruption-loan-scheme-cbils/

 

 

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