Conister Bank- serving the islands community for 85 years and providing support to those that need it | July 2020

Conister Bank have been serving the islands community for 85 years and have helped generations of families to prosper.

Date: Wednesday 29 July 2020

Conister Bank have been serving the islands community for 85 years and have helped generations of families to prosper.

Whilst Conister Bank isn’t on the front-line in the fight against Covid-19, that hasn’t stopped us from providing our own support to those that have needed it.

Throughout lockdown we have tailored our products and services to support local customers and businesses, who, through no fault of their own have faced financial challenges.

As we enter the second half of 2020 in such uncertain times with many unknowns, Conister Bank’s message is that we are here to work with both existing, new customers and business owners who may be experiencing shifts in their business.

Conister Bank has been working closely with the Isle of Man Government to assist local businesses that have been unable to access funding via their banks or do not qualify for assistance via the Disruption Loan Guarantee Agreement.

The new Working Capital Loan is designed to provide a lifeline to businesses and may be the difference between surviving or not. These loans can help alleviate cash flow issues and assist with wages, running costs, bills, ongoing projects and rental costs.

With Isle of Man Government backing, the Working Capital Loan is structured to ease the pressure of making sizeable capital repayments in the first year, giving your business a chance to regain momentum as the Island returns to some resemblance of normality.

If Conister Bank can help your business, whether you are an existing customer or new, please get in touch on 694694 or you can apply online and a member of our team will get in touch.

 

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