Penrith based Enterprise Answers has been asked to act as part of the
national support package for companies affected by the collapse of construction
Secretary of state for business, energy and industrial strategy Greg
Clark MP has confirmed that the government is making £100m available to help
ease the situation and has appointed the British Business Bank to work
alongside Enterprise Finance Guarantee (EFG) providers to support supply
chain companies who may be struggling to pay bills and keep staff.
As an EFG accredited lender, Enterprise Answers will help those businesses affected to unlock cash from the £100m fund as a temporary measure.
Grahame Latus, Chief Executive of Enterprise Answers said: “Working
closely with the British Business Bank, we aim to help many of those companies
facing an uncertain future following the collapse of Carillion.
“We are already prepared to assist with flexible financing options
and welcome this endorsement by the government of our capability to assist in
the fallout from the liquidation of Carillion. It’s encouraging to know that
Enterprise Answers is seen as a local solution to the potential financial
issues which may arise for some of the supply chain businesses affected.”