Royal Bank of Scotland : RBS announces £75m for impacted small businesses in Carillion’s supply chain

RBS has over £75m available to support impacted customers and will make more finance available if required.

RBS has a proactive approach that allows it to assist its customers when there are unexpected external circumstances. This support is available to customers banking with NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.

The bank has already started proactively contacting business customers who supported Carillion. Other impacted customers are encouraged to get in touch to understand the unique support and guidance that can be offered to their business.

This can include:
• Loan repayment holidays
• Interest rate reductions
• Temporary emergency loans with no fees
• Overdraft facilities
• Working capital support
• Helping with financing strategies via access to specialist bank staff

Impacted customers can contact their normal business contact at the bank or telephone:

Royal Bank of Scotland customers - 0345 600 2230 (Minicom 0800 404 6160).
NatWest customers - 03457 11 4477 (Minicom 0800 404 6161)
Ulster Bank Northern Ireland customers - 1850 211 690 if calling from within Ireland and 0044 2890 538 459 if calling from outside Ireland.

Les Matheson, CEO Personal & Business Banking at RBS, said: 'We're committed to providing proactive support for impacted small businesses in Carillion's supply chain. The steps we've taken to help ease cashflow concerns will be of immediate practical benefit and I would encourage any customers affected to get in touch to understand the unique support we can offer them.'

Disclaimer
This article is for media use only and is not a financial promotion.