Lloyds to Lend £1.4bn to Yorkshire Firms
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Lloyds to Lend £1.4bn to Yorkshire Firms
17
Jan

Lloyds to Lend £1.4bn to Yorkshire Firms

Lloyds Banking Group has committed to support businesses in Yorkshire with up to £1.4bn of lending during 2019.

The £1.4bn, which is part of a UK-wide pledge to lend £18bn, is available to companies across Yorkshire and will support entrepreneurs looking to start-up a new business, micro-businesses seeking to scale up and small businesses considering trading internationally for the first time.

It will also support established mid-sized businesses and large, multinational corporations seeking further growth.

Russell Galley, Lloyds Banking Group ambassador for Yorkshire and the Humber, said: "We hope lending up to £1.4bn will go some way to help local firms realise their growth ambitions.

"Whether it's a start-up tackling a breakthrough into Yorkshire's expanding digital tech sector, or a large manufacturer shoring up supply chains ahead of Brexit, we are here to help with expertise and financial support.

"As part of our plan to help Britain prosper we'll be by the side of business as they take on new opportunities and navigate challenges, be it recruitment, productivity or uncertainty."

 

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